£175,000
(£262/sq. ft)
2 bed flat for saleCity Gate, Newcastle Upon Tyne NE1
2 beds
2 baths
1 reception
667 sq. ft
EPC Rating: C
About this property
Sold with active tenancy in place
Excellent investment opportunity
Principal bedroom with en-suite shower room
Open-plan lounge and kitchen
Popular Citygate development
Secure communal entrance
Lift access within the building
Walking distance to Newcastle Central Station
Offered for sale with an active tenancy in place, this property presents an excellent investment opportunity for landlords seeking an immediately income-producing asset. The apartment is currently tenanted and will be sold subject to the existing tenancy agreement.
Situated on the third floor of this modern development, the apartment briefly comprises an entrance hallway leading into a bright open-plan living, dining and kitchen area. The lounge enjoys excellent natural light from the large window and offers a comfortable living space with modern flooring and neutral décor throughout. The fitted kitchen provides a range of wall and base units together with integrated cooking facilities and space for appliances.
There are two double bedrooms, both of which are well proportioned and presented in a neutral style. The principal bedroom benefits from its own en-suite shower room, whilst the second bedroom is served by the main bathroom fitted with a white three-piece suite and shower over the bath.
The property forms part of a modern city centre block with secure communal entrance and lift access, ideally positioned within easy reach of Newcastle Central Station, the business district, universities, bars, restaurants and a wide range of city centre amenities.
The apartment is leasehold with approximately 100 years remaining on the lease and is expected to appeal to investors seeking a conveniently located property with an established tenancy already in place.
Mortgage calculator
£875 per month
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More information
Tenure
Leasehold (100 years)
Service charge
Council tax band
D
Ground rent
Ground rent date of next review



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