2 bed flat for sale

St. James Gate, Newcastle Upon Tyne, Tyne & Wear NE1

**Investment Opportunity** Currently let at £950pcm, 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.

Material Information -
Council Tax Band: C
Tenure: Leasehold
Lease: 103 years remaining, expires 01/01/2129
Service Charge: £2,666 per annum
Ground Rent: £350 per annum
Management Company: Trinity Estates
Parking: Residents, unallocated

**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