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Canterbury Way, Jarrow, Tyne And Wear

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

457 sq ft

43 sq m

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

  • Ideal for landlords: Tenant in place, wishes to stay.
  • Rental income: £475 per month.
  • Attractive yield: 11% return.
  • one-bedroom flat on the second floor.
  • Parking: Includes a garage in a nearby block.
  • Modern amenities: Kitchen with integrated appliances.
  • Updated bathroom: Contemporary shower room.
  • Outdoor access: Communal gardens.
  • Leasehold: 105 years remaining. System
  • Additional details: EPC rating D (58), Council Tax Band A, virtual tour available.

Description

Located the the popular Fellgate Estate close to local schools, shops and Fellgate Metro with links to both Newcastle and Sunderland. We offer for sale with a tenant wishing to stay paying £475 PCM. This one bedroom second floor flat provides an ideal investment property.

On entering the property via a security entry system is the entrance communal hallway with staircase. Wooden entrance door to the flat hall, master bedroom, shower room, lounge/diner and kitchen. Externally there is a communal grassed area and a single garage in a separate block. 

TENURE The flat has a lease of 105 years remaining from 1st March 2005. There is a service charge of £110 PCM and is reviewed yearly. The owner has advised our office the residents committee are in the process of seeking a new management company to reduce the monthly service charge. 

GROUND FLOOR There is a security intercom system to open the front door of the main building to the communal hall and staircase. The flat is located on the second floor which is only accessed via the stairs.  

SECOND FLOOR Wooden security door to the flat hallway. 

HALLWAY A long hallway with built in storage cupboard, laminate flooring, ceiling spot lighting. 

LOUNGE/DINER 16' 3" x 10' 6" (4.97m x 3.22m) A spacious room with large uPVC double glazed window with views over the front lawn area, electric heater, laminate flooring, ceiling spot lighting. 

KITCHEN 7' 8" x 7' 1" (2.34m x 2.16m) Fitted with a modern range of wall and base units, complimentary work tops, cladded walls and splash backs, integrated oven and electric cooking hob with extractor over, integrated fridge/freezer and plumbed space for a washing machine, sink and drainer with mixer tap, laminate flooring, ceiling spot lighting, uPVC double glazed window. 

SHOWER ROOM 6' 3" x 5' 4" (1.92m x 1.63m) corner shower cubicle with electric shower, Wash basin with base storage cupboard, WC, cladded panel walls, laminate flooring, extractor fan, 

BEDROOM 12' 9" Max x 9' 10" (3.90m x 3.00m) uPVC double glazed window, electric heater, built in wardrobe and storage cupboard. 

GARAGE There is a single garage at the end of a block opposite the main building.  

HEATING Electric heating only. 

GLAZING uPVC double glazed windows only. 

COUNCIL TAX The property is in Council Tax band A. 

ENERGY EFFICIENCY EPC rating D (58). Please speak to a member of staff for a copy of the full Energy Performance Certificate. 

VIEWINGS We have created a virtual tour which can be viewed on our YouTube channel, our website, property portals and our social media accounts such as Facebook, Twitter and Instagram. To arrange a viewing please contact the office.  

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed. 

MORTGAGE ADVICE We have independent mortgage advisers within our branch, who will search the whole market to find the best suitable mortgage and help you progress through the process. Contact our office to arrange a telephone or office appointment.  

AGENTS NOTES Whilst we endeavour to make our particulars accurate and reliable, they should not be relied on as a statement or representations of fact, and do not constitute any part of an offer or contract. The owner does not make or give, nor do we or our employees have authority to make or give any representation or warranty in relation to the property. We have not checked or tested any appliances mentioned (including heating systems or electrical fittings) therefore working order cannot be confirmed. All measurements are given to the nearest 5cm.  

Brochures

Property BrochureVirtual Tour
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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Garage
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Canterbury Way, Jarrow, Tyne And Wear

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About David Bailes, Stanley

Anthony House, Anthony Street, Stanley, DH9 8AF
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Established in 1980 we are a family firm with a great deal of experience in selling and renting properties in the Derwentside area. We have built up a great team of trained professionals over the years dedicated to providing the highest levels of service to our customers. Our combined knowledge ensures that we can provide the right advice whether you are buying, selling or renting a property.

Our services include:

Free market/rental appraisals

Professional advice and service from our experienced members of staff

Free regular advertising in local press and online at www.davidbailes.co.uk

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Excellent local knowledge of market and areas

Comprehensive lettings service including full management of rental properties

Extensive database of residential properties, buyers, investors and tenants

Independent financial advice from mortgages to pensions.

Our experienced members of staff aim to provide the right advice and help take the stress out of buying or selling a property. Please contact the office to discuss how we can help you.

We are open monday to friday 9.00am to 5.30pm and saturday 9.00am to 3.00pm

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Disclaimer - Property reference 100898005779. 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 David Bailes, Stanley. 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.

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