2 Bed Flat For Sale Gallowgate, Newcastle Upon Tyne, NE1
£165,000- Flat
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Description
Fantastic investment opportunity in the ever popular apartment block, City Gate, situated just off St James Boulevard. Perfectly placed for the City Centre amenities, Chinatown, Universities and Central Train Station. Already tenanted until August 2024, and recently pre-let until August 2025 at an increased rent.
Boasting an open plan lounge & kitchen with integrated appliances, large storage cupboard in the hallway , two double bedrooms with ensuite to the master and a family bathroom with shower over bath.
There is no parking with the property, however you can try purchase a residents permit for a nearby car park via Newcastle City Council.
Leasehold - 103 years remaining approx.
Service Charge - Approx. £2,870pa
Ground Rent - Approx. £75pa
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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.