Worsdell Drive, Gateshead, Tyne And Wear, NE8
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Key features
- Buy-to-let property investment
- Being sold with the current tenants in situ
- Current net yield of 6.9% potential to bring this up to 10%
- Affordable entry price point
Description
Asking Price: £125,000
Tenure: Leasehold | Council Tax Band C | EPC: C
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Contemporary Riverside Living in a Prime Location
Situated on the third floor of the ever-popular Ochre Yards development, this impressive two-bedroom, two-bathroom apartment offers stylish, low-maintenance living in a highly sought-after riverside setting.
Perfectly positioned close to the River Tyne, the property enjoys excellent access to Newcastle city centre and Gateshead, with superb local amenities, restaurants, bars and transport links all within easy reach.
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The Property
This bright and airy apartment has been thoughtfully designed to maximise space and natural light. The accommodation briefly comprises:
* Welcoming entrance hallway
* Spacious open-plan lounge/kitchen/diner
* Feature door opening onto a private balcony
* Modern fitted kitchen with integrated appliances and white goods
* Two generous double bedrooms
* Principal bedroom with en-suite facility
* Contemporary shower room WC
* Handy utility area
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Leasehold Information
We have been advised that the property is leasehold with a 125-year lease from 01/01/2004.
* Ground Rent: £258.17 per annum (information provided from landlord)
* Service Charge: £1,620 per annum (information provided from landlord)
* Ground rent increases every five years in line with the Retail Price Index
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Material Information
* Block Management: Kingston Property Services
* Council Tax: Band C - Gateshead Council
* Utilities: Mains sewerage, water and electricity connected
* Heating: Electric heating system
* Please note: There is no gas supply to the property
* Work are currently being carried out on the building work regarding cladding which we have
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LET PURE INVESTOR TAKE THE STRAIN AWAY ...
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.
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If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team on Tel:
- 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.
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- 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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Energy performance certificate - ask agent
Worsdell Drive, Gateshead, Tyne And Wear, NE8
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Visit our security centre to find out moreDisclaimer - Property reference Willbook-House-Gateshead. 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 Pure, Manchester. 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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