Full Description
DRAFT DETAILS.? Ideal for first time buyers, down sizers and investors alike with a potential rental income of ?750 PCM meaning a 5.8% gross yield on asking price.? A beautifully presented modern two bedroom ground floor apartment situated on a popular development on the outskirts of Newcastle town centre, conveniently placed for the UHNM Hospital Complex and giving access to excellent commuter road links.? The accommodation comprises entrance hallway, open plan lounge/diner/kitchen, two bedrooms and a bathroom.? Some of the many benefits include a newly fitted kitchen and bathroom since purchased by the current owner, double glazing, electric heating, allocated parking and is offered to the market with the advantage of no onward chain.? Dimensions on floorplan.??
Council tax band: B, Tenure: Leasehold, Annual ground rent: £128, Annual service charge: £997, Length of lease (remaining): 106 years 7 months, EPC rating: C
Rooms
Communal Hallway - Communal entrance door. Stairs to upper floors. Individual post box area.
Entrance Porch - Entrance door. Double glazed window. Electric panel heater. Wall mounted secure phone entry system. Laminate flooring.
Open Plan Lounge/Kitchen/Diner - Lounge/Diner comprises double glazed bay window and double glazed window. Two electric panel heaters. Laminate flooring. Kitchen area comprises double glazed window. Preparation surfaces incorporating single drainer sink and mixer tap. Range of modern units comprising matching wall, base and drawer units. Electric hob with extractor above and electric oven below. Plumbing for automatic washing machine. Space for fridge/freezer. Laminate flooring.
Bedroom 1 - Double glazed window. Electric panel heater. Built in wardrobe.
Bedroom 2 - Double glazed door. Electric panel heater. Built in wardrobe.
Bathroom - Paneled bath with shower and shower screen above, low level W.C. and pedestal wash hand basin. Tiled floor. Laminate flooring.
Externally - Allocated parking.
Tenure - Please note this property is leasehold and will incur ground rent and service charges. We have been advised the ground rent is £128 per annum and the service charges £997 per annum. We have been advised the length of the lease is 125 years commencing from 1st January 2005. We advise purchasers to check this information with their solicitors prior to purchase.
Disclaimer - These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Northwood nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Mortgage Advice - Mortgage Advice Bureau works with Northwood Estate Agents to provide expert mortgage and protection advice to their clients. We have access to more than 11,000 mortgages from over 90 lenders so we can help you find the right mortgage for your individual circumstances. We are a leading mortgage network and have won over 70 national awards for the quality of our advice and service during the last 5 years. For more information contact our branch on 01782 636100. Your home may be repossessed if you do not keep up repayments on your mortgage. There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Investor Information - An ideal opportunity to purchase a buy to let property. Northwood can offer a guaranteed income on the property subject to contract. Please call our offices for further information on rental return and services offered.