Offers in region of
£165,000
2 bed flat for saleCitygate, Bath Lane, Newcastle Upon Tyne, Tyne And Wear NE1
2 beds
2 baths
1 reception
EPC Rating: C
- Leasehold
Everbest properties
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About this property
Investment Opportunity
Third Floor Apartment
Two Bedrooms
Tenanted until August 2025
£14,400pa Rental Income
8.2% Gross Return
Master bedroom with en-suite
Parking Space Included
Council Tax Band D
EPC Rating C
Presenting an incredible investment opportunity in the highly sought-after City Gate apartment block, situated just off St James Boulevard. This property is perfectly positioned for easy access to City Centre amenities, Chinatown, Universities, and Central Train Station. Currently tenanted until August 2025, it achieves a rental income of £1,200pcm!
Boasting an open plan lounge & kitchen with integrated appliances and breakfast bar, large storage cupboard to the hallway, two bedrooms with ensuite shower room to the master and a family bathroom with shower over bath.
There is a parking space included with the property.
Service Charge: £4088.56 approx.
Ground Rent: £75pa
Remaining on Lease: 102 years
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
D
Ground rent
Ground rent date of next review