Flat for sale in The Bar, Newcastle Upon Tyne, Tyne & Wear NE1

Guide price £150,000
Interested in this property? Call +44 191 228 6178 * or Request Details

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Flat for sale - 2 bedrooms

2 2 1 EPC Rating: C EPC Rating: C

Tenure:
Leasehold
Time remaining on lease:
0 years
Service charge:
£1,955 per year
Ground rent:
Not available
Council tax band:
C

Property features

  • Investment Opportunity
  • 7% Gross Yield
  • Two Bedrooms
  • Balcony
  • Council Tax Band C

Property description

**Investment opportunity**Balcony**Two Double Bedrooms**Two Bathrooms**A purpose built seventh floor apartment. Situated within an exciting and rapidly improving quarter of the city, the property is located within walking distance of Central Station, Newcastle Helix (Science Central), the Business School, and all City Centre amenities. With a Communal Entrance and Lift Access, the interior includes a Private Reception Hall, a 24ft Living Room / Dining Room and Kitchen Area, a Master Bedroom with an En-Suite Shower Room, a Second Double Bedroom and a Bathroom. The property generates a rent of £950 per calendar month and is let until January 2025. With no onward chain, the property further benefits from a balcony, double glazing and electric heating. Tenure - Leasehold
Council Tax Band: C

**Investment Opportunity**Two Double Bedrooms**Two Bathrooms**A purpose built seventh floor apartment. Situated within an exciting and rapidly improving quarter of the city, the property is located within walking distance of Central Station, Newcastle Helix (Science Central), the Business School, and all City Centre amenities. With a Communal Entrance and Lift Access, the interior includes a Private Reception Hall, a 24ft Living Room / Dining Room and Kitchen Area, a Master Bedroom with an En-Suite Shower Room, a Second Double Bedroom and a Bathroom. Let on a rolling contract at £825pcm, the property generates a gross yield of approximately 7%. With no onward chain, the property further benefits from a balcony, double glazing and electric heating. Tenure - Leasehold<br /><br />

Property info

Floorplan(s): Picture 11

Picture 11 View original

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For more information about this property, please contact
Pat Robson, NE3 on +44 191 228 6178 * (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 Pat Robson, and do not constitute property particulars. Please contact Pat Robson 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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