4th floor investment apartment apartment. producing a rental income of £9540. per annum.
Guide price £130,000
Guide price + Buyers premium +VAT
A fourth floor apartment situated in the close proximity of amenities. This property boasts two spacious bedrooms, one with en-suite a family bathroom and a modern open plan Kitchen/Dining Living room.
There is currently 113 years remaining on the lease of the apartment and has additional costs of £2188.51 Service Charges and £330.34 in Ground Rent per year.
This property is currently tenanted achieving £795.00 pcm
Situated along the River Tyne this Apartment has fantastic views, the Apartment is ideally located within walking distance to Newcastle Central train station and has direct links access to A184. Newcastle centre is only minutes away.
Applies on the fall of the hammer. The purchaser shall pay a 10% deposit (minimum £4000). Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £3000 + VAT upon the exchange of contract.