Flat for sale in Park Road, Newcastle Upon Tyne NE4

** ultra-low-maintenance two bedroom apartment, with allocated parking and no onward chain ** Located in the Cruddas Park area of Newcastle, The Cedars is a modern apartment block ideal for easy access into the City Centre (15 min walk) and riverside (5 min walk). It benefits from all the amenities and transport links the Toon has to offer, while providing its residents with a calm, quiet, and safe environment to live in. Its recently renovated interior and exterior offers a number of luxurious features, along with a dedicated team of excellent caretakers to maintain them.

Featuring an open plan living/kitchen area (230 sq ft), two double bedrooms (130 sq ft each), bathroom (40 sq ft), a long hall (65 sq ft) and two storage closets (20 sq ft), this first floor apartment is located in the south corner of the block, placing it in an ideal position for receiving lots of natural sunlight and great, unobstructed views all day long. Its double-glazed aluminium windows guarantee good thermal and noise insulation, even in the vicinity of the often busy Scottswood Road.

The apartment block benefits from a video security system, lift and stairs accessibility, well-managed waste disposal infrastructure, and most important of all, a highly-efficient, centralised district heating system (water-based) that will keep the occupants cosy throughout the whole year at unparalleled low energy costs. Overall Energy Efficiency Rating B (please see EPC for dertails).

Offered with an allocated parking space for use by the residents and their guests at the front of the property, and a privileged access to the leafy, well-kept communal gardens, the apartment pays Council Tax Band A, and has access to high-speed internet and digital TV, as well as excellent coverage for mobile communications.

Location

The Cedars is covered by a number of special stipulations aiming at facilitating access of first-time buyers to the property ladder and protecting all owners & their properties. Apartments are only available for owner-occupiers, making them ideal for single professionals, couples, or small families wishing to enjoy city life and still be able to make substantial monthly savings and to build equity. No large animals are allowed to live at the property. The ground rent is reviewed only every 10 years, with the next review date in 2031. The Freehold is owned by Newcastle City Council (ncc), who also manages the various maintenance and repair works and services, keeping service costs and ground rent accessible. In 2019, ncc completed extensive renovations throughout the building to ensure full compliance with fire safety & emergency regulations. A small but active Resident's Association represents the owners in official exchanges with ncc, and are always available to support their community.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

£33.00

Ground Rent Review Period

No review period

Annual Service Charge

£1,200.00

Service Charge Review Period

No review period

Lease End Date

01/01/2136

Disclaimer For Virtual Viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.