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Centralofts, Waterloo Street, NE1

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • City Centre Location
  • One Double Bedroom
  • Open Plan Living/Kitchen Area
  • Third Floor
  • Access to Transport Links
  • No Onward Chain
  • Part Time Concierge Service
  • Energy Efficiency Rating C

Description

** ONE BEDROOM THIRD FLOOR APARTMENT IN CENTRALOFTS DEVELOPMENT ** Situated in the heart of Newcastle's bustling city, this third floor apartments benefits from part time concierge service and is offered with no onward chain. The apartment benefits from a city centre location providing access to transport links, shops, bars & restaurants. The accommodation provides; entrance hall, two storage cupboards, open plan living/kitchen area and bathroom. Viewings are highly advised to appreciate the accommodation on offer. Energy Efficiency Rating C. Council Tax Band C.

Entrance Hall
Two storage cupboards, one housing hot water tank, radiator in hallway.

Living Room/Kitchen Area
(7.50m x 4.44m MAX)
Living Area
Double glazed window, radiator, television and telephone connection points and entry phone system.

Kitchen Area
Range of wall and base units with worktop surfaces incorporating stainless steel sink unit with mixer tap, electric oven and hob with extractor fan above, built in fridge/freezer, dishwasher and plumbing for washing machine.

Bedroom
(4.19m x 3.12m)
Double glazed window, radiator.

Bathroom
(2.21m x 1.81m)
Panelled bath with shower overhead, WC, pedestal wash basin, extractor fan, wall mounted towel rail, part tiled walls and tiled floor.

Leasehold Information
There is a remaining 103 years on the lease approximately. We have been advised there is an approximate service charge of £5047.00 per annum. Please note the service charge has been increased recently to account for recent repairs to the building to make if fully compliant with the latest fire safety standards and for any additional works in the future. There is a resident’s committee for the building.

The property has a ground rent of £125 per annum which doubles every 25 years up to £1000 for the last 25 years of the term. Please be advised we have not inspected the head lease.

We have been advised by the managing agents that remediation of the rear wall render is expected to commence in 2024. Funding from the Building safety fund is awaited. An EWS1 is in place (2020) advising that work is required. The full costs and workings have been submitted and have pre-approval via Homes England’s solicitors. It is currently going through final approval - before funds are released.

Material Information
Tenure: Leasehold
The block is managed by Kingston.
Council Tax: Band C. Authority; Newcastle City Council. For current rates please visit:
Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property.
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 no parking available with this property.

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.

Brochures

Particulars

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£125 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£5047

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

103 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: C

Centralofts, Waterloo Street, NE1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newcastle Central Station0.2 miles
  • St James Station0.3 miles
  • Manors Station0.7 miles
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About the agent

Living Spaces, Newcastle Upon Tyne

21 Grey Street, Newcastle Upon Tyne, NE1 6EE

Living Spaces, Newcastle Upon Tyne

An estate agent that knows how much a home means, Living Spaces help take away the stress and hassle of selling, buying, renting, letting and managing property across Newcastle upon Tyne.

Our award-winning property specialists have been providing an honest, transparent, professional and knowledgeable service to clients in and around Newcastle for over 20 years.

From helping first-time buyers, to taking care of over 420 private landlords’ properties, our customers are our top prior

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference GRS200005. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Living Spaces, Newcastle Upon Tyne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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