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2 bedroom flat for sale
Ovett Gardens, St James Village, Gateshead, NE8
£100,000
Ovett Gardens, St James Village, Gateshead, NE8
£100,000
Price History
Initial price | £105,000 |
25/09/24 | £100,000 |
Price Change | -4.76% |
Description
This first-floor apartment is a great opportunity for first-time buyers and investors, with similar flats in the area renting for around £750 per month. The property is on a 125-year lease, starting in January 2004, with 104 years remaining at the time of listing. The annual ground rent is £100 and the annual service charge is approximately £1,464, which works out to £122 per month. With a confirmed lease and manageable maintenance costs, this apartment offers a stable and affordable investment or home ownership option.