Apartment , City Quadrant, Waterloo Square, Newcastle upon Tyne
- PROPERTY TYPE
Apartment
- BEDROOMS
3
- BATHROOMS
2
- SIZE
969 sq ft
90 sq m
Description
The apartment comprises three bedrooms, one main bathroom and an additional en-suite, alongside a spacious open-plan kitchen and living area, creating a practical and appealing layout for modern city-centre living.
Currently let to three students, the property generates £1,800 per calendar month, equating to £21,600 per annum and an impressive 11% gross rental yield, making it an appealing proposition for investors seeking strong rental returns.
City Quadrant benefits from an excellent central location, with Newcastle's universities, shops, restaurants, bars, public transport links and city-centre amenities all within easy reach. Newcastle continues to attract students and young professionals seeking convenient city-centre accommodation, supporting demand for well-located rental properties.
With tenants already in place, the apartment offers an opportunity to acquire an established rental investment without the need to furnish the property or source tenants from scratch, subject to the existing tenancy arrangements.
Cash buyers only. Early enquiries are encouraged to avoid missing out on this attractive investment opportunity.
Please enquire online for further information or to arrange a viewing.
Tenure: Leasehold (178 years)
Ground Rent: £150 per year
Service Charge: £5,734.6 per year
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.
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- 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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Apartment , City Quadrant, Waterloo Square, Newcastle upon Tyne
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About Property Talk Management, Newcastle-Upon-Tyne
444 West Road, Fenham, Newcastle Upon Tyne, NE5 2ER
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Visit our security centre to find out moreDisclaimer - Property reference RS0662. 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 Property Talk Management, 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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