Baltic Quay, Mill Road, Gateshead, NE8

£165,000

2 Bedroom Apartment for sale in Gateshead

1 2 2
  • Two Double Bedrooms
  • Tenants in Situ
  • River Views
  • Walk On Balcony
  • Allocated Parking
  • Bathroom & Ensuite
  • Excellent Investment Opportunity
  • No Onward Chain

TWO-BEDROOM QUAYSIDE APARTMENT WITH BALCONY & ALLOCATED PARKING | EXCELLENT INVESTMENT OPPORTUNITY |
This well-presented and spacious two-bedroom apartment is superbly positioned on the ever-popular Quayside, offering impressive River Tyne views, a private balcony, and allocated parking. The property is sold with a long-term tenant in situ, making it an attractive, ready-made investment opportunity for buyers seeking immediate rental income in a highly desirable location. Perfectly located to take full advantage of the Quayside lifestyle, the apartment is within easy reach of shops, bars, restaurants, and excellent transport links to the City Centre and beyond. Early viewing is strongly recommended! Energy Efficiency Rating: C Council Tax Band: D

Entrance Hall
Storage cupboard housing hot water tank, further storage cupboard.

Living Room
Double glazed windows and door leading to walk on balcony, wall mounted electric heater, telephone entry system, Panasonic 50 inch TV & home cinema system.

Kitchen
Range of wall and base units with roll edge worktop surfaces incorporating stainless steel sink unit with drainer and mixer tap, integrated electric oven, hob with extractor hood above, fridge/freezer, washing machine, dish washer, extractor fan, wall mounted electric heater.

Bathroom
Panel bath with shower attachment above, pedestal wash basin, W/C, part tiled walls, tiled flooring, electric shaver point, extractor fan.

Bedroom One
Double glazed window, wall mounted electric heater, television aerial and telephone points, built in wardrobe housing media and sound system.

Ensuite Shower Room
Tiled shower cubicle, pedestal wash basin, W/C, wall mounted electric tower rail, electric shavers point, tiled flooring, extractor fan.

Bedroom Two
Double glazed windows, wall mounted electric heater, pendant light fitting.

Leasehold Information
We have been advised at the outset of marketing the property is Leasehold and a 250 year lease from November 2001 - approximately 225 years remaining. with a service charge of £3,129.00 per annum. We are advised the ground rent is £150.00 per annum. The ground rent is reviewed every 21st anniversary of the commencement date of the lease and increases by the percentage difference between the review value and the first value of the property.

Material Information
Tenure: Leasehold.
The block is managed by RMG UK.
Council Tax: Band D. Authority; Gateshead Council. For current rates please visit;gateshead.gov.uk/article/2641/Council-Tax-valuation-bands
Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property. Heating is via electric heaters.
Broadband: Follow the link to check broadband providers and speeds; Broadbandcheck.co.uk
Mobile Phone Coverage: Follow the link to check mobile signal for all networks; Signalchecker.co.uk

Parking: There is allocated parking available with number plate recognition.

Please be advised the building has an EWS1 and cladding remedial works have taken place (External Wall Survey).

You would need to instruct your solicitor to review the lease for any restrictive covenants, we have not been advised of any at the outset of marketing. Please note the lease can be made available upon request.

Important Information

  • This is a Leasehold property.

Property Ref: 743122_GRS260003

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