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Waterloo Square, Newcastle Upon Tyne

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

2

SIZE

636 sq ft

59 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

  • City Centre Location
  • £1,150 PCM incoming rent
  • Immaculate Presentation
  • City Centre Parking (additional annual Fee)
  • 2 Double Bedrooms
  • Private balcony with impressive city views
  • Excellent access to shops, restaurants, transport links & Quayside
  • PRICE INCLUDES THE TRANFER OF THE PARKING SPACE WHICH WAS PURCHASED FOR £3K
  • Secure Intercom System

Description

TWO-BEDROOM CITY CENTRE APARTMENT WITH BALCONY, VIEWS & PARKING

Situated on the fifth floor of the popular Waterloo Square development in Newcastle city centre, this spacious two-bedroom, two-bathroom apartment offers approximately 635 sq ft of modern accommodation with a private balcony, city views, lift access and allocated parking. The property is ideal for first-time buyers, couples, professionals and investors, and benefits from a private balcony, with attractive city views.

The bright open-plan living area enjoys attractive views across the city and access to the private balcony. The ample modern kitchen includes integrated oven, hob, extractor, dishwasher, fridge and freezer. Washing machine is plumbed into the entrance cupboard.

There are two double bedrooms, with the principal bedroom benefiting from a private en-suite with double shower cubicle, WC and wash basin. The main bathroom includes a bath with shower over, WC and wash basin. Both bathrooms are tiled and feature large vanity mirrors.

The development benefits from a lift, ground-floor bin area and residents' post boxes.

Ideally located for Newcastle city centre's shops, restaurants, leisure facilities, business districts and transport links.

The property is currently tenanted at £1,150 PCM, producing annual rental income of £13,800, with the tenant paying the water bill. The seller may also consider vacant possession for an owner-occupier, subject to the appropriate notice and arrangements.

PROPERTY CHARGES
Ground Rent: £150 per annum
Service Charge: £1,148.17 per quarter / £4,592.68 per annum
Car Park Charge: £683.41 per annum
Allocated Parking Space: Included in the sale

An excellent opportunity for first-time buyers, couples, professionals or investors seeking a well-positioned Newcastle city-centre apartment.

Car Parking Charge - Car Park Charge £300 per annum (subject to review)

Building Safety / Cladding - City Quadrant is subject to a cladding remediation process following a Fire Risk Appraisal of External Walls (FRAEW).

The latest information states that grant funding is being sought through the Homes England Cladding Safety Scheme, with works intended to be completed at no cost to leaseholders if funding is approved.

Final funding approval, the scope of works and completion dates have not yet been confirmed. Buyers should make further enquiries through their solicitor.

Brochures

Waterloo Square, Newcastle Upon TyneBrochure
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
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Communal
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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Waterloo Square, Newcastle Upon Tyne

Approximate location

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Affordability

Monthly repayments£851
Property: £ 175,000
Deposit: £ 17,500
Interest rate: 5.05%
Term: 30 years
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About Prime Property Associates, Newcastle Upon Tyne

Amber Court William Armstrong Drive, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YA
Industry affiliations:Industry affiliation logo 0

We are estate agents and letting agents covering Newcastle and the North East. We specialise in niche Property Management with a hands on approach, managing landlords properties with a personal and professional service.

Whether you are selling or buying, a landlord seeking responsible, quality tenants, or a tenant searching for a home, we are here to help. Our experienced, professional, and friendly staff, combined with extensive local knowledge ensure that we provide a service which is second to none.

A forward looking business based on traditional values, we always strive to be at the forefront of the property letting market, and invest much time and effort in ensuring that we are fully up to date with ever changing tenancy law and government legislation. Together with our attention to detail and conscientious attitude we have the experience, resources and skills to deliver the kind of services that landlords and tenants require.

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Disclaimer - Property reference 34939190. 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 Prime Property Associates, 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.
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