Guide price
£110,000
2 bed flat for saleSt. James Gate, Newcastle Upon Tyne, Tyne & Wear NE1
2 beds
2 baths
1 reception
EPC Rating: D
- Leasehold
Pat Robson
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About this property
Investment Opportunity
5.7% Gross Yield
Two Bedroom Apartment
City Centre Location
**Investment Opportunity** Currently let at £900pcm, resulting in over a 9% gross yield. Two Bedroom Apartment** A purpose built second floor apartment well located within walking distance of Central Station, Newcastle Helix, and all City Centre amenities. With a Communal Entrance and Lift Access, the apartment includes a Private Reception Hall, a Living Room / Dining Room and Kitchen Area, a Main Bedroom with an En-Suite Shower Room, a Second Bedroom and a Bathroom. The apartment further benefits from a balcony, double glazing, electric heating, and a car parking space, located within the Stephenson Quarter.
Tenure: Leasehold
Council Tax Band: C
**Investment Opportunity** Currently let at £900pcm, resulting in over a 10% gross yield. Two Bedroom Apartment** A purpose built second floor apartment well located within walking distance of Central Station, Newcastle Helix, and all City Centre amenities. With a Communal Entrance and Lift Access, the apartment includes a Private Reception Hall, a Living Room / Dining Room and Kitchen Area, a Main Bedroom with an En-Suite Shower Room, a Second Bedroom and a Bathroom. The apartment further benefits from a balcony, double glazing, electric heating, and a car parking space, located within the Stephenson Quarter.
Tenure: Leasehold
Council Tax Band: C
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More information
Tenure
Leasehold (103 years)
Service charge
£2,666 per year
Council tax band
C
Ground rent
£350
Ground rent date of next review