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2 bed Flat For Sale £130,000
Ouseburn Wharf, Newcastle Upon Tyne NE6


Description
*Tenants in Place until October 2024- 9/2% gross yield* As great investment or first time purchase, Bricks & Mortar market this spacious two bedroom, two bathroom first floor apartment with views over the Tyne in the Ouseburn.

This first floor apartment has lift and stair access with intercom and includes a parking space for convenience. Additional parking is also available nearby.

Neutrally decorated throughout, the apartment includes an open plan kitchen/living room/diner with Juliet balcony overlooking the Tyne river, Cycle Hub and Spillers Wharf. The .local bars and restaurants in the Ouseburn valley are just minutes away with even further developments planned for the near future.

The L-shaped kitchen includes light beech wall and base units with marble effect worktops, white tiled splashback and integrated oven with electric hob and has been sectioned off with laminate flooring to create zoning for the space.

Both of the bedrooms are good sized doubles, one of which conveniently includes an ensuite shower room with cubicle, sink, toilet and chrome heated towel rail. There is also a main shared bathroom with bath, over bath shower sink and toilet.

The apartment also includes an entrance hallway and cupboard and electric heating.

Currently tenanted until October 2024 at £1000pcm.

We have been advised that the property is leasehold at 250 years from September 2006 but this should be checked with Bricks & Mortar.

We have also been advised that ground rent is £200pa and service charges are approx £214.17 per month (paid bi annually).

Council Tax Band C

Disclaimer - These particulars are for guidance only and do not form part of any contract. Whilst care has been taken in their preparation, we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this company.

Bricks & Mortar Group Give Notice That;- 1. These particulars do not constitute any part of an offer or a contract. 2. All statements contained in these particulars to this property are made without responsibility on the part of the Agents or the Vendor/Lessor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. The particulars, various plans, photographs, descriptions and measurements have been carefully prepared,but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misdescription shall be a ground for a claim neither for compensation nor the recession of the Contract by either the Vendor/Lessor or the Purchaser/Tenant. 5. Neither the Vendor/Lessor nor Bricks & Mortar Group nor any person in employment has any authority to make or give any representation or warranty in relation to the property. 6. The copyright of all details, photographs and floorplans remain exclusive to Bricks & Mortar Group and no third party shall use these without express written consent by the company.


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