For Sale
£175,000 OIRO

Hanover Street, Newcastle Upon Tyne

  • Ref: 34588779
  • Type: Flat
  • Availability: For Sale
  • Bedrooms: 2
  • Bathrooms: 2
  • Council Tax Band: D
  • Tenure: Leasehold
  • Leasehold Remaining: 105 years
  • Ground Rent: £389.22
  • Service Charge: £2,697.22
OFFERS IN THE REGION OF £175,000 | CITY CENTRE APARTMENT | ALLOCATED PARKING | TENANTS IN SITU

This spacious two-bedroom apartment in Newcastle City Centre presents an excellent invest...
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Key Features

  • INVESTMENT OPPORTUNITY
  • 2 beds/2 bathroom
  • Tenant in Situ
  • Leasehold
  • Allocated parking included
  • Lift access
  • Close to Newcastle City Centre / Gateshead


Full property description


OFFERS IN THE REGION OF £175,000 | CITY CENTRE APARTMENT | ALLOCATED PARKING | TENANTS IN SITU

This spacious two-bedroom apartment in Newcastle City Centre presents an excellent investment opportunity.

Currently tenanted with no fixed end date, the property achieves a net rental yield of 4.16%, with potential to increase to approximately 6% in line with current market rents.

The apartment features a generous open-plan kitchen and living area, two well-proportioned bedrooms, a main bathroom, and an ensuite. Additional benefits include an allocated parking space, a highly sought-after feature in such a central location.

Situated just moments from the Quayside, the property offers excellent access to Newcastle City Centre, Gateshead, the Metro Centre, and the A1.

With its prime location and strong investment potential, early viewings are highly recommended.

Disclaimer
Disclaimer – These particulars are for guidance only and do not form part of any contract. Whilst care has been taken in their preparation, we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this company.

Bricks & Mortar Group Give Notice That;- 1. These particulars do not constitute any part of an offer or a contract. 2. All statements contained in these particulars to this property are made without responsibility on the part of the Agents or the Vendor/Lessor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. The particulars, various plans, photographs, descriptions and measurements have been carefully prepared,but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misdescription shall be a ground for a claim neither for compensation nor the recession of the Contract by either the Vendor/Lessor or the Purchaser/Tenant. 5. Neither the Vendor/Lessor nor Bricks & Mortar Group nor any person in employment has any authority to make or give any representation or warranty in relation to the property. 6. The copyright of all details, photographs and floorplans remain exclusive to Bricks & Mortar Group and no third party shall use these without express written consent by the company.



EPC

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Bricks & Mortar, Sales
140 Newbridge Street,
Newcastle upon Tyne,
NE1 2SZ
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