Flat for sale in Citygate, Bath Lane, Newcastle Upon Tyne, Tyne And Wear NE1

Offers in region of £175,000
Interested in this property? Call +44 191 686 0032 * or Request Details

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Flat for sale - 2 bedrooms

2 2 1

Tenure:
Leasehold
Time remaining on lease:
Not available
Service charge:
Not available
Ground rent:
Not available
Council tax band:
D

Utilities and more details

Property features

  • 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

Property description



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

Property info
Floorplan(s): Floor Plan

Floor Plan View original

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For more information about this property, please contact
Everbest properties, NE1 on +44 191 686 0032 * (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 Everbest properties, and do not constitute property particulars. Please contact Everbest properties 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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