Property photos
Leasehold
Offers in region of
£175,000
2 bed flat for sale
Citygate, Bath Lane, Newcastle Upon Tyne, Tyne And Wear NE12 beds
2 baths
1 reception
EPC rating: C
Local area information
Property location
Nearby amenities
- Our Lady and St Anne's RC Primary School 0.3 miles
- St Paul's CofE Primary School 0.4 miles
- Newcastle 0.4 miles
- Manors 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- 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
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
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
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours
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More information
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Listed by
Everbest properties
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