95A Percy Street, Newcastle upon Tyne, NE1 7RW    0191 447 7277

The Chare, City Centre, Newcastle Upon Tyne - Fixed Price, £128,000 Under Offer


Property Details

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Everbest properties are pleased to bring this fantastic investment opportunity to the sales market, with a tenant in situ until September 2024, producing a gross return of 9.3%. There is the added benefit of the rent being paid all upfront for the full year, meaning upon completion the rent will be apportioned between seller and buyer. Situated in the heart of Newcastle City Centre, the apartment is only a stones throw away from the RVI hospital, Medical School, St James Park Stadium and Newcastle University. As well as being within walking distance to Eldon Square Shopping Centre, Northumbria University and Central Train Station. The apartment is located on the top floor, with stair and lift access. Once inside, there are two bedrooms, lounge with large bay window, kitchen from the lounge with sliding doors, new fully tiled shower room and loft storage. Externally there is a communal garden which all occupiers can use. Service Charge – Approx. £1,850pa Ground Rent – Approx. £15pa Remaining Lease Term – 88 Years

  • Prime City centre location
  • Two Bedroom Apartment
  • Top Floor
  • Lift access
  • Living room
  • Well-equipped kitchen
  • Modern Shower Room
  • Entry phone system
  • EPC rate D
  • AVAIL 02/09/2024