Call the team on 01603 505 100 for more information
A substantial three bedroom apartment currently let producing £11,400pa (£950pcm)
This excellently proportioned apartment offers accommodation split over three levels and includes three double bedrooms, a generous reception room and a fitted kitchen. The property is in an impressive building, which has been tastefully converted into multiple units, each with residents parking and maintained, attractive communal gardens. This is a productive investment property which produces a strong rental yield and is therefore ideal for the experienced or first time investor.
Tenure
Leasehold. 999 years from 01.01.2002. Ground Rent £25.00pa
Lower First Floor
Living room.
First Floor
Hall, kitchen, two bedrooms, bathroom.
Second Floor
Bedroom three.
Outside
Communal maintained gardens, residents parking
Energy Efficiency Rating (EPC)
Current Rating F
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Solicitors
Butterworths, 3 Walker Terrace, Gateshead, NE8 1EB, Ref: Rebekah West, Tel: 0191 482 1152
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £2200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.