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SOLD STC

Baxterwood Grove, Newcastle Upon Tyne,

PROPERTY TYPE

Maisonette

BEDROOMS

2

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

  • Two Bedroom Maisonette
  • Spacious & Well Presented
  • Balcony & Resident Car Park
  • Great Rental Potential
  • Conveniently Central Location
  • No Forward Chain

Description

INVESTMENT OPPORTUNITY (With a potential 13. ROI). A spacious two/three bedroom Maisonette occupying a convenient and popular position within close to Newcastle City-centre and St James' Park. The accommodation is laid over two floors and presents in good order. Externally there is a private balcony with a pleasant outlook over a green. There is both lift and staircase access to all floors and a shared resident car park. The location is within easy walking distance of amenities and transport links. We anticipate this should appeal to a variety of buyers, including investors because of the strong rental potential and returns. Viewings are highly recommended - there is no forward chain.



Entrance Hall
Cloaks area, Stairs down to bedrooms and bathroom.

Lounge-Diner (16' 6" by 9' 3" (5m 4cm by 2m 81cm))
Double glazed window, TV Satellite link.

Kitchen (17' 6" by 6' 4" (5m 34cm by 1m 93cm))
Wall and floor units with worksurfaces over, Sink and drainer unit with mixer tap, Electric cooker point with extractor hood over, Plumber for washing machine, Wall mounted boiler (hot water), Double glazed window.

Lower Hall
Built in storage cupboard.

Bedroom One (15' 10" by 9' 3" (4m 82cm by 2m 82cm))
(Originally two bedrooms) Two double glazed windows.

Bedroom Two (15' 11" by 9' 4" (4m 84cm by 2m 84cm))
Double glazed French doors to the balcony.


Bathroom (6' 3" by 4' (1m 91cm by 1m 21cm))
Bath with shower head attachment, Wash hand basin with vanity unit, WC, Double glazed window, Tiled walls.

Box Room
Shelved with power and light.

External
Decked balcony patio. Bin store and ancillary storage cupboard next to front door. Resident car park.

Tenure
Leasehold - 92 years remaining.

Services
Main electricity, water and drainage.
Council tax band A.
EPC D Rating.
Ground Rent: 10 per year
Service Charge: 37.95 per week




Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

Agents Notes
The indication of a potential 13 ROI is based on the assumption of rent being achieved on this property at 975pcm, against the current asking price of 90,000. This percentage would clearly vary if either the asking price or the rent received were either higher or lower than these figures.

Property Background
This property was originally a three bedroom maisonette, however, the previous owner opened up bedrooms one and three to create two larger bedrooms and a box room. It is therefore possible to re-instate the accommodation to three bedrooms, if desired.

Brochures

Brochure
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Baxterwood Grove, Newcastle Upon Tyne,

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About A & G Land & Property Agents, Newcastle Upon Tyne

Anderson House, Crispin Court, Newcastle Upon Tyne, NE5 1BF
Industry affiliations:

A&G are professional land and property agents, expert valuers and auctioneers. We provide free valuations and our full experience, support and guidance throughout the sales process. We are the sister company of Anderson & Garland Auctioneers, who were established in 1840. We cover the whole of the North East and Cumbria and specialise in both residential and commercial markets. Our 20,000 sq/ft purpose-built premises, located just off the A1 in Newcastle, offers ample free parking and provides state-of-the-art buying and selling facilities for our valued clients.

A&G are professional land and property agents, expert valuers and auctioneers. We provide free valuations and our full experience, support and guidance throughout the sales process. We are the sister company of Anderson & Garland Auctioneers, who were established in 1840. We cover the whole of the North East and Cumbria and specialise in both residential and commercial markets. Our 20,000 sq/ft purpose-built premises, located just off the A1 in Newcastle, offers ample free parking and provides state-of-the-art buying and selling facilities for our valued clients.

Your mortgage

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Years
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Monthly repayments
£429
We think you can borrow up to
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Disclaimer - Property reference 0000153. 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 A & G Land & Property Agents, 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.

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