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 currently occupied by a tenant paying £900 per month, providing a gross yield of 8.37% against the asking price. The spacious, open-plan living and kitchen area features modern appliances, including an electric oven and hob, dishwasher, fridge, and freezer. The apartment has two bedrooms, including a comfortable double with French doors opening to a balcony, as well as a partially tiled bathroom with a shower over the bath. Additional benefits include an allocated parking bay, electric heating system, secure intercom entry system, and EICR and EPC certificates until 2027 and 2032, respectively. The property is on a 150-year lease and has a service charge of approximately £139.06 per month and ground rent of £201.06 per annum.