This 2 bed upper Tyneside flat is located in the very popular “Avenues” area of Gateshead, very close to Saltwell Park, offering quick and easy access by foot, bike, car or public transport to Saltwell Park, Low Fell, Team Valley, Gateshead/Newcastle Quayside, and Newcastle City Centre.
This is an opportunity to acquire a spacious home in an ever popular location, and interest is expected from owner occupiers and investors alike.
Location:
Ideally suited to those working or studying in Gateshead or Newcastle, with quick and easy access to the following amenities and transport links amongst many others:
Supermarkets: Durham Road, Coatsworth Road Team Valley and Trinity Square are all nearby, offering access to most major supermarkets and a full range of local conveniences
Bus stop: Approx 2 min walk.
Brief property information:
Internally, there is nearly 700 Sq Ft of well utilised space, including 2 bedrooms, a lounge, a kitchen with a full range of fitted base and wall units, a family bathroom, and a rear yard area.
EPC Rating (2022) 69 (C) Potential 76 (C)
Council Tax Band A (£1475.73 min p/yr – buyer is advised to verify with the local authority)
Investment overview:
The property is currently let on a fully furnished basis, on a periodic AST. Preferable terms were agreed, with rent set at £455.00PCM, however market value is circa £550.00PCM in current condition, and the rental value will increase if further improvements are made to the property. The property can also be sold with vacant possession.
Please contact 10Homes for full buyers information pack, to include tenancy documents, completed TA10 and TA6 forms, and land registry documents.
Tenure:
Leasehold term : Tyneside lease. 999 years from 16 November 2007 (985 years remaining)
Ground rent: Perppercorn rent
Service charge: N/A