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Everbest Properties - Newcastle Upon Tyne

Everbest permitted payments are set out below: The rentA refundable tenancy deposit of one month’s rent which will be protected by The DPS if it is EB managed property or other deposit protection schemes that the landlords registered by themselves.A refundable holding deposit to reserve a property of one weeks rent.Payments to change the tenancy when requested by tenant, £50 per tenant change or reasonable costs if higher.Payments associated with early termination of the tenancy, when requested by the tenant.Payments in respect of utilities, communication services, TV licence and council tax.Default fee on late payment of rent.Replacement of a lost key/security device giving access to the housing, where required under a tenancy agreement.

Everbest Properties are delighted to present this exceptional investment opportunity in the heart of Newcastle City Centre. With a tenant in situ until September 2025, this property offers a gross rental return of 7.7%, making it an attractive proposition for investors.The apartment is ideally located just moments from the RVI Hospital, Medical School, St. James' Park Stadium, and Newcastle University. It is also within walking distance of Eldon Square Shopping Centre, Northumbria University, and Newcastle Central Station, offering unparalleled convenience and accessibility.Situated on the top floor, the property benefits from both stair and lift access. The interior boasts two generously sized double bedrooms, a spacious and contemporary open-plan lounge, kitchen, and dining area filled with natural light, and a stylish bathroom featuring both a bathtub and a separate shower cubicle.Externally, the property includes an allocated parking space and access to a communal garden for residents to enjoy. This is a fantastic opportunity to acquire a high-performing investment property in a prime city-centre location. Leasehold - 86 Years Remaining Service Charge - £3,322paGround Rent - £50pa

Property reference 10604227. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Everbest Properties - Newcastle Upon Tyne.

 OnTheMarket may have applied supplementary data to this property listing, including:

 Broadband availability and predicted speed: obtained from Ofcom on January 6, 2022

 Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

 Basic: Up to 30 Mbit/s 
 Super-fast: Between 30 Mbit/s and 300 Mbit/s 
 Ultra-fast: Over 300 Mbit/s

 The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 2022

 Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

 Clear: No bars, no signal predicted 
 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
 Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

 Energy Performance data and Internal floor area: obtained on September 9, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

 Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See <a href="https://www.onthemarket.com/terms/#other">here</a> for more information.

DISCLAIMER

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.

Call rate information

Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.
The remaining length of the lease may affect your ability to obtain a mortgage.

Tenure

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example an adequate broadband connection may not be available.

Broadband

If you don't know the type of utilities which the property has, there may be additional costs, for example adequate mobile reception may not be available.

Mobile signal

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

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