Guide price
£150,000
2 bed flat for saleThe Bar, Newcastle Upon Tyne, Tyne & Wear NE1
2 beds
2 baths
1 reception
EPC Rating: C
- Chain free
- Leasehold
Pat Robson
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About this property
Investment Opportunity
7% Gross Yield
Two Bedrooms
Balcony
Council Tax Band C
**Investment opportunity**Balcony**Two Double Bedrooms**Two Bathrooms**A purpose built seventh floor apartment. Situated within an exciting and rapidly improving quarter of the city, the property is located within walking distance of Central Station, Newcastle Helix (Science Central), the Business School, and all City Centre amenities. With a Communal Entrance and Lift Access, the interior includes a Private Reception Hall, a 24ft Living Room / Dining Room and Kitchen Area, a Master Bedroom with an En-Suite Shower Room, a Second Double Bedroom and a Bathroom. The property generates a rent of £950 per calendar month and is let until January 2025. With no onward chain, the property further benefits from a balcony, double glazing and electric heating. Tenure - Leasehold
Council Tax Band: C
**Investment Opportunity**Two Double Bedrooms**Two Bathrooms**A purpose built seventh floor apartment. Situated within an exciting and rapidly improving quarter of the city, the property is located within walking distance of Central Station, Newcastle Helix (Science Central), the Business School, and all City Centre amenities. With a Communal Entrance and Lift Access, the interior includes a Private Reception Hall, a 24ft Living Room / Dining Room and Kitchen Area, a Master Bedroom with an En-Suite Shower Room, a Second Double Bedroom and a Bathroom. Let on a rolling contract at £825pcm, the property generates a gross yield of approximately 7%. With no onward chain, the property further benefits from a balcony, double glazing and electric heating. Tenure - Leasehold
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More information
Tenure
Leasehold (Ask agent)
Service charge
£1,955 per year
Council tax band
C
Ground rent
Ground rent date of next review