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Leasehold

Guide price

£110,000

2 bed flat for sale

St. James Gate, Newcastle Upon Tyne, Tyne & Wear NE1
2 beds
2 baths
1 reception
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Guide price

£110,000

2 bed flat for sale
St. James Gate, Newcastle Upon Tyne, Tyne & Wear NE1

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: D

Leasehold
Reduced on 07/02/2025

About this property

  • Investment Opportunity

  • 5.7% Gross Yield

  • Two Bedroom Apartment

  • City Centre Location

**Investment Opportunity** Currently let at £900pcm, resulting in over a 9% gross yield. Two Bedroom Apartment** A purpose built second floor apartment well located within walking distance of Central Station, Newcastle Helix, and all City Centre amenities. With a Communal Entrance and Lift Access, the apartment includes a Private Reception Hall, a Living Room / Dining Room and Kitchen Area, a Main Bedroom with an En-Suite Shower Room, a Second Bedroom and a Bathroom. The apartment further benefits from a balcony, double glazing, electric heating, and a car parking space, located within the Stephenson Quarter.
Tenure: Leasehold
Council Tax Band: C

**Investment Opportunity** Currently let at £900pcm, resulting in over a 10% gross yield. Two Bedroom Apartment** A purpose built second floor apartment well located within walking distance of Central Station, Newcastle Helix, and all City Centre amenities. With a Communal Entrance and Lift Access, the apartment includes a Private Reception Hall, a Living Room / Dining Room and Kitchen Area, a Main Bedroom with an En-Suite Shower Room, a Second Bedroom and a Bathroom. The apartment further benefits from a balcony, double glazing, electric heating, and a car parking space, located within the Stephenson Quarter.

Tenure: Leasehold
Council Tax Band: C

More information

  • Tenure

    Leasehold (103 years)

  • Service charge

    £2,666 per year

  • Council tax band

    C

  • Ground rent

    £350

  • Ground rent date of next review

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