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Offers in region of

£149,950

2 bed flat for sale
Worsdell Drive, Gateshead NE8

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: D

  • Leasehold

Collis Edison LLP

Logo of Collis Edison LLP

About this property

  • Underground parking

  • Step free access

  • Wheelchair accessible

  • Double glazing

The top floor apartment in Colombo Square is presented in excellent condition and benefits from the modern building standards of 2007 when it was constructed and purchased by our vendor.

Offering advantages over many other in this scheme, the top floor position affords plentiful natural light and having covered undercroft parking (as opposed to courtyard parking) has a number of practical benefits not just in inclement weather.

As we deal mainly with investment and buy-to-let product, this has proved to be an excellent renter thanks to its two equal double bedrooms which vastly improves the rental market. Currently let out for £950pcm to professional Tenants, the rent could be improved slightly next time round in line with market prices but the flexible nature of the current Tenancy enables us to also offer this with vacant possession should the purchaser decide. We have managed this property for a number of years and have had no significant issues with it. They are well-built and the site is well maintained with communal areas being clean and tidy and has a lift serving the three floors of accommodation.

The location is particularly practical as it is easily walkable into Newcastle city centre being just at the end of the High Level Bridge, but also offering easy access to the South and saving commuting time over the busy bridges. There is also a Metro station within walking distance and the shopping and leisure centre of Trinity Square which has a Tesco, Boots, Costa, Nandos, Greggs as well as a cinema complex.

Given the condition of the Property, the top floor nature and the rental performance we feel offers around the guide price is a fair price and represents an excellent option to both an owner occupier or buy-to-let investor.

Enquiries should be sent online via sending us a Zoopla enquiry should you require further information or request a viewing.

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More information

  • Tenure

    Leasehold (Ask agent)

  • Service charge

    £1,890 per year

  • Council tax band

    B

  • Ground rent

  • Ground rent date of next review

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Property descriptions and related information displayed on this page are marketing materials provided by - Collis Edison LLP. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Collis Edison LLP for full details and further information.

2 bed flat for sale in Worsdell Drive, Gateshead NE8, £149,950 - Zoopla