Property Details
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Fantastic investment opportunity in the ever popular apartment block, City Gate, situated just off St James Boulevard. Perfectly placed for the City Centre amenities, Chinatown, Universities and Central Train Station. Already tenanted until August 2024, and recently pre-let until August 2025 at an increased rent.
Boasting an open plan lounge & kitchen with integrated appliances, large storage cupboard in the hallway , two double bedrooms with ensuite to the master and a family bathroom with shower over bath.
There is no parking with the property, however you can try purchase a residents permit for a nearby car park via Newcastle City Council.
Leasehold - 103 years remaining approx.
Service Charge - Approx. £2,870pa
Ground Rent - Approx. £75pa
- Attention Investors!
- First Floor Apartment
- Two double bedrooms
- En-suite to master
- Tenanted until August 2025
- 9% Gross Return
- Central Location
- Within Walking Distance To Central Station
- Council Tax Band D
- EPC Rating C
