1 bed flat for sale

Apartment, Bewick House, Bewick Street, Newcastle Upon Tyne NE1

Description

Situated in the heart of Newcastle city centre, directly opposite Central Station, Apartment 15 at Bewick House offers an excellent opportunity to acquire a one-bedroom apartment in one of the city's most convenient and historic locations. The property is being sold with tenant in situ, currently paying £875 pcm, generating an annual rental income of £10,500, making it an attractive investment opportunity.
The apartment features a bright open-plan living and kitchen area, a double bedroom with walk-in wardrobe, and a bathroom.
Bewick House is named after Thomas Bewick (1753-1828), the famous Newcastle-born artist and engraver whose work helped make the city known for creativity and craftsmanship during the Georgian period. His workshop was located close to Newcastle's historic centre, making the building's name a fitting tribute to one of the city's best-known historical figures.
The location is a major feature of the property. Positioned opposite Newcastle Central Station, the apartment benefits from excellent rail and Metro links, with Newcastle's business district, universities, Quayside, restaurants, cafés, bars and shopping all within easy walking distance.
Combining a prime central location with a connection to Newcastle's rich history, Apartment 15, Bewick House is an attractive and well-placed city centre investment.

Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Council Tax Band: A (Newcastle Council )
Tenure: Leasehold (977 years)
Service Charge: £3,839.44 per year