Property photos
Share of Freehold
Offers over
£70,000
2 bed flat for sale
Frost Mews, South Shields NE332 beds
1 bath
1 reception
EPC rating: C
Key Information
Tenure:
Share of freehold
Service charge:
£926 per year
Council tax band:
A
Ground rent:
£0
Commonhold details:
Local area information
Property location
Nearby amenities
- Laygate Community School 0.1 miles
- St Bede's RC Voluntary Aided Primary School, South Shields 0.3 miles
- South Shields Ferry Terminal 0.6 miles
- Newcastle International Ferry Terminal 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Unfurnished
- Share of freehold
- No ground rent! Freehold owned by leaseholders!
- Gas central heating
- Reserved parking bay
Modern purpose built 2 bedroom flat, built in 2006. This home is located in a pleasant and sought after residential area, with very strong rental demand and a thriving local community of owner occupiers.
The freehold of this property is owned by the leaseholders which means that there is no ground rent to be paid!
A fantastic opportunity for investors and owner occupiers alike, in a sought after development. Internally, this is a well presented home, with an open plan lounge/kitchen, two double bedrooms, and a family bathroom with 3 piece suite. Quite unusually for newer build flats, this property has gas central heating, for a more efficient and effective heating system.
On Street parking is available outside the building. There is a specific provision in the lease granting the exclusive right to use the car parking
space (numbered 9 in blue on the title plan).
Placement is key, with a full range of supermarkets within short walking distance and access across the North East via the extensive metro network, overground public transport, and main arterial routes. South Shields is a coastal town, and the beautiful Sandhaven beach and South Shields lighthouse are just a 5 minute drive away.
The property is currently rented on a periodic AST at £595PCM.
Key information:
Lease term remaining: 107 years
Lease start date: 01 January 2006
Lease length: 125 years
Lease end date: 01 January 2131
Internal area: 496 Sq.Ft. (46 Sq.M.)
EPC rating: (2021) 77 (C) Potential 79 (C)
Council tax band: A
Ground rent: N/A
Service charge: £925.98 (projected) for 2024
If this property is being purchased as an investment then we would be delighted to offer 6 months free property management via our sister company, Rent North East.
Bip: Please click here to view our buyers information pack, which includes property certificates, completed TA6 and TA10 law society forms, land registry documents, and tenancy documents.
The freehold of this property is owned by the leaseholders which means that there is no ground rent to be paid!
A fantastic opportunity for investors and owner occupiers alike, in a sought after development. Internally, this is a well presented home, with an open plan lounge/kitchen, two double bedrooms, and a family bathroom with 3 piece suite. Quite unusually for newer build flats, this property has gas central heating, for a more efficient and effective heating system.
On Street parking is available outside the building. There is a specific provision in the lease granting the exclusive right to use the car parking
space (numbered 9 in blue on the title plan).
Placement is key, with a full range of supermarkets within short walking distance and access across the North East via the extensive metro network, overground public transport, and main arterial routes. South Shields is a coastal town, and the beautiful Sandhaven beach and South Shields lighthouse are just a 5 minute drive away.
The property is currently rented on a periodic AST at £595PCM.
Key information:
Lease term remaining: 107 years
Lease start date: 01 January 2006
Lease length: 125 years
Lease end date: 01 January 2131
Internal area: 496 Sq.Ft. (46 Sq.M.)
EPC rating: (2021) 77 (C) Potential 79 (C)
Council tax band: A
Ground rent: N/A
Service charge: £925.98 (projected) for 2024
If this property is being purchased as an investment then we would be delighted to offer 6 months free property management via our sister company, Rent North East.
Bip: Please click here to view our buyers information pack, which includes property certificates, completed TA6 and TA10 law society forms, land registry documents, and tenancy documents.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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