Flat for sale in Bath Lane, Newcastle Upon Tyne NE1
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Property features
- Attention Investors!
- First Floor Apartment
- Two double bedrooms
- En-suite to master
- Tenanted until August 2025
- 9% Gross Return
- Central Location
- Within Walking Distance To Central Station
- Council Tax Band D
- EPC Rating C
Property description
Fantastic investment opportunity in the ever popular apartment block, City Gate, situated just off St James Boulevard. Perfectly placed for the City Centre amenities, Chinatown, Universities and Central Train Station. Already tenanted until August 2024, and recently pre-let until August 2025 at an increased rent.
Boasting an open plan lounge & kitchen with integrated appliances, large storage cupboard in the hallway, two double bedrooms with ensuite to the master and a family bathroom with shower over bath.
There is no parking with the property, however you can try purchase a residents permit for a nearby car park via Newcastle City Council.
Leasehold - 103 years remaining approx.
Service Charge - Approx. £2,870pa
Ground Rent - Approx. £75pa
Property info
For more information about this property, please contact
Everbest properties, NE1 on +44 191 686 0032 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Everbest properties, and do not constitute property particulars. Please contact Everbest properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.