Flat for sale in Worsdell Drive, Gateshead NE8

Offers in region of £149,950
Interested in this property? Call +44 191 392 0330 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Flat for sale - 2 bedrooms

2 1 1 EPC Rating: D EPC Rating: D

Tenure:
Leasehold
Time remaining on lease:
Not available
Service charge:
£1,890 per year
Ground rent:
Not available
Council tax band:
B

Utilities and more details

Property features

  • Underground parking
  • Step free access
  • Wheelchair accessible
  • Double glazing

Property description

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.
Arrange Viewing

For more information about this property, please contact
Collis Edison LLP, NE1 on +44 191 392 0330 * (local rate)

Contact Collis Edison LLP about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Collis Edison LLP, and do not constitute property particulars. Please contact Collis Edison LLP 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.

Properties on the market nearby

100 more properties like this

View all Worsdell Drive properties for sale