3 bedroom apartment for saleRialto Building, Melbourne Street, NE1
Offers in Region of £162,500
- Investment Property
- £12,514 Annual Income
- 7.7% Gross Yield
- Tenanted until August 2017
- Third Floor Apartment
- Three Bedrooms
- Allocated Parking Space*
- EPC Rating D
Modern third floor apartment with open plan lounge/kitchen/diner, Juliet balcony and allocated parking space*. The apartment briefly comprises lounge/kitchen/diner, three double bedrooms and bathroom. Currently tenanted until August 2017 producing £12,514 per annum and a Gross Yield of 7.7%.
Rialto Apartments, City Centre - Modern third floor apartment with open plan lounge/kitchen/diner, Juliet balcony and allocated parking space*. The apartment briefly comprises lounge/kitchen/diner, three double bedrooms and bathroom. Currently tenanted until August 2017 producing £12,514 per annum and a Gross Yield of 7.7%.
Location - Rialto Building is in a fantastic location in Newcastle City Centre close to Northumbria University City Campus. There is access to Newcastle Quayside, a wide range of shops and amenities, Castle Keep, Newcastle University Campus and transport links including Manors Metro and A167.
Main Entrance & Hallway - Communal entrance with fob and coded entry system, internal post boxes, stairs and lift access to the above floors. The apartment hallway comprises built in cupboard, electric heater, smoke detector, two pendant light fitting and carpet.
Open Plan Lounge/Kitchen/Diner - 4.77m x 4.67m (15'8" x 15'4") - The lounge overlooks the street comprising uPVC double glazed doors to Juliet balcony, intercom telephone built in cupboard housing water heater, electric heaters, pendant light fitting, TV point and carpet.
The kitchen comprises grey laminated wall and base units, integrated fridge freezer, cooker hood extractor with electric oven/hob, one and 1/2 bowl stainless steel sink, inset spot light fitting and vinyl flooring.
Bedroom One - 5.24m x 1.92m (17'2" x 6'4") - Double bedroom situated to the side comprising uPVC double glazed window, pendant light fitting and carpet.
Bedroom Two - 3.62m x 2.02m (11'11" x 6'8") - Double bedroom situated to the side comprising uPVC double glazed window, electric heater, pendant light fitting and carpet.
Bedroom Three - 3.61m x 2.64m (11'10" x 8'8") - Double bedroom situated to the rear comprising uPVC double glazing window, electric heater, light fitting and carpet.
Bathroom - 1.97m x 2.38m (6'6" x 7'10") - The bathroom is situated to the middle comprising mains shower over panelled bath, pedestal hand wash basin and W/C. There is also one uPVC double glazed window, heated towel rail, flush light fitting, extractor fan and vinyl flooring.
External - Externally there is a communal courtyard and below ground secure parking where there is an allocated parking space which we have been advised is let out for £65 per calendar month.
Epc Rating D -
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