The Grainger, The Staiths NE8 2 bed flat for sale

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The Grainger, The Staiths NE8 2 bed flat for sale

The Grainger, The Staiths NE8
£129,000

Price History

Initial price £135,000
04/04/25 £129,000
Price Change -4.44%

Description

This fourth-floor apartment boasts breathtaking panoramic river views and is being sold with a tenant in-situ, generating a gross yield of 8.37% against the asking price. The property features a spacious open-plan living and kitchen area with modern appliances, a comfortable double bedroom with French doors leading to a balcony, a cozy single bedroom, and a partially tiled bathroom with a shower over the bath. Additional amenities include an allocated parking bay, electric heating, and a secure intercom entry system. The apartment is accessible via stairs or lift and has a 150-year lease remaining, with a service charge of approximately £139.06 per month and a ground rent of £201.06 per annum. The property also comes with a valid EICR certificate and EPC, and an EWS1 Certificate is available, providing peace of mind regarding the building's fire safety compliance.