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Melbourne Street, Newcastle Upon Tyne, NE1

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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

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Key features

  • One Bedroom
  • Top Floor Apartment
  • Sought After Location
  • Tenant in Situ
  • EPC Rating C

Description

Top Floor One Bedroom Apartment - Prime Newcastle City Centre Location - Ideal Investment Opportunity

Offered for sale with a current tenant in situ paying £1,050.00 per calendar month, this top floor, one-bedroom apartment presents a fantastic buy-to-let investment in the heart of Newcastle City Centre.

Situated within a modern development, the property is well-maintained throughout and features an open-plan living and kitchen area, a generously sized double bedroom, and a contemporary bathroom suite. Being on the top floor, the apartment benefits from an abundance of natural light and pleasant views across the city skyline.

Positioned within easy walking distance of Newcastle Central Station, both universities, and a wealth of shops, bars, and restaurants, the location offers exceptional appeal to professionals and students alike.

Key Features:
* One-bedroom top floor apartment
* Currently let at £1,050.00pcm
* Modern, open-plan layout
* Excellent city centre location
* Ideal for investors
* Secure entry system and lift access
* Offered with tenant in situ
* Guide Price: £119,500

Leasehold Information
Lease: Approx. 100 years remaining
Service Charge: £2306,00 per annum (approx.)
Ground Rent: £196.70 per annum
Managing Agent: TBC

Material Information
Tenure: Leasehold
Council Tax: Band C (Newcastle City Council)
Utilities: Mains water, electricity, and sewerage. No gas supply.
Broadband: Availability can be checked at broadbandcheck.co.uk
Mobile Coverage: Check signal at signalchecker.co.uk

Additional Notes
Development works are currently ongoing within Ochre Yards by Bellway Homes - please enquire for further details.
Please note: all appliances and services have not been tested by WPG Sales & Lettings.
A copy of the lease is available upon request.
We recommend that your solicitor reviews the lease to check for any restrictive covenants.

Important Notice for Purchasers
At WPG Sales & Lettings, we strive to ensure all listing details are as accurate and up to date as possible. However, these particulars do not constitute or form part of any offer or contract and should not be relied upon as statements of fact.
Any services, systems, or appliances listed have not been tested and are not guaranteed. Floorplans, measurements, and other layout information are provided for guidance only and should be independently verified.
For further information or clarification, please contact us directly.

Submitting an Offer
All offers must be supported with full financial verification, including:
A mortgage Agreement in Principle (where applicable)
Proof of deposit or available funds
Full chain details, including contact information for selling agents and solicitors involved

In accordance with current Money Laundering Regulations, proof of identity will be required from all prospective buyers before an offer can be formally accepted.
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.
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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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Melbourne Street, Newcastle Upon Tyne, NE1

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About WPG lettings, Newcastle Upon Tyne

Heddon Banks, Heddon-On-The-Wall, Newcastle Upon Tyne, NE15 0BU
Industry affiliations:Industry affiliation logo 0

WPG Sales and Lettings is a lettings agency based in the North East of England.

We are part of the wider Watson property group, a group that has operated in the rental property market for over 30 years.

WPG Sales and Lettings will look to assist sellers and buyers and landlords and tenants with their properties throughout any area of the North East, providing both a tenant find service and a fully managed service.

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Disclaimer - Property reference M309201. 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 WPG lettings, 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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