2 bed Flat For Sale £140,000
St. James Gate, Newcastle Upon Tyne

Fantastic opportunity to purchase a 2 bed/2 bath apartment in this prime location within Newcastle City Centre, just minutes from the Newcastle/Gateshead Quayside, St James Park, offering access to all that Newcastle City Centre has to offer.

Purpose-built, seventh floor apartment forming part of this prestigious development, ideally placed for the city centre and railway station. Ideal for owner occupation or investment with communal grounds and designated car parking.

Description:
This light and airy apartment enjoys a pleasant outlook over the communal grounds which form the heart of this popular development. With security entry systems, lift access and secure car parking, this property will appeal to a broad variety of purchasers. It is ideally placed for access to the city centre and also to the railway station and major road networks, ensuring access to the surrounding regional centres.

An open-plan living room / kitchen is the focal point of the apartment with double-opening doors leading to a small balcony. The kitchen has a range of integrated appliances with recessed spotlighting throughout. There are two bedrooms with an en-suite shower room to the master bedroom and a further family bathroom/WC. The property has double glazing and electric heating.

Tenure:
The property is Leasehold, the term of which is 125 years from 1 January 2004. There is a Ground Rent of £350.00 per annum and a Service Charge of £2,462.62 per annum.

Service charge: The building service charge includes security, communal cleaning, alarm/warden control, proactive refuse removal, buildings insurance, fire risk assessment, health and safety assessment, landscape maintenance, redocoration fund, and Times Square parking, as well as general building maintenance and upkeep items.

Building manager: Trinity Estates, Simon Hindmarsh

Works in progress:
Improvements to commercial units to suit more SME requirements and to include significant courtyard improvements for all residents.

Upcoming maintenance schedule:
Carpet replacement and internal redecoration of communal areas

External works: Some of the larger lenders are willing to loan on buildings with a B2 EWS1 rating which The Bar currently has, the lenders will require certain paperwork from Persimmon Homes for reassurance that works are to be completed, Trinity Estates can assist with obtaining this information on a case by case basis.