Flat for sale in Frost Mews, South Shields NE33

Offers over £80,000
Interested in this property? Call +44 191 686 8255 * or Request Details

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Flat for sale - 2 bedrooms

2 1 1

Tenure:
Share of freehold
Time remaining on lease:
Not available
Service charge:
£925.98 per year
Ground rent:
£0
Council tax band:
A

Property features

  • No ground rent! Freehold owned by leaseholders!
  • Gas central heating
  • Reserved parking bay

Property description

Modern purpose built 2 bedroom flat, built in 2006. This home is located in a pleasant and sought after residential area, with very strong rental demand and a thriving local community of owner occupiers.

The freehold of this property is owned by the leaseholders which means that there is no ground rent to be paid!



A fantastic opportunity for investors and owner occupiers alike, in a sought after development. Internally, this is a well presented home, with an open plan lounge/kitchen, two double bedrooms, and a family bathroom with 3 piece suite. Quite unusually for newer build flats, this property has gas central heating, for a more efficient and effective heating system.

On Street parking is available outside the building. There is a specific provision in the lease granting the exclusive right to use the car parking
space (numbered 9 in blue on the title plan).

Placement is key, with a full range of supermarkets within short walking distance and access across the North East via the extensive metro network, overground public transport, and main arterial routes. South Shields is a coastal town, and the beautiful Sandhaven beach and South Shields lighthouse are just a 5 minute drive away.

The property is currently rented on a periodic AST at £595PCM.

Key information:



Lease term remaining: 107 years

Lease start date: 01 January 2006

Lease length: 125 years

Lease end date: 01 January 2131

Internal area: 496 Sq.Ft. (46 Sq.M.)

EPC rating: (2021) 77 (C) Potential 79 (C)

Council tax band: A

Ground rent: N/A


Service charge: £925.98 (projected) for 2024

If this property is being purchased as an investment then we would be delighted to offer 6 months free property management via our sister company, Rent North East.

Bip: Please click here to view our buyers information pack, which includes property certificates, completed TA6 and TA10 law society forms, land registry documents, and tenancy documents.

Property info

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For more information about this property, please contact
10Homes, NE8 on +44 191 686 8255 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by 10Homes, and do not constitute property particulars. Please contact 10Homes 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.

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