2 bedroom flat for sale

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2 bedroom flat for sale

North West Side, Gateshead, Tyne & Wear, NE8 2BF
£130,000

Price History

Initial price £150,000
29/06/24 £130,000
Price Change -13.33%

Description

User 1: This stylish third-floor, two-bedroom apartment is situated on the picturesque Gateshead quayside, offering breathtaking views of the River Tyne. The property features intercom access, an open-plan living area, two spacious double bedrooms, a well-appointed bathroom, and the added luxury of two private balconies. Additionally, it comes with one allocated parking space, making it a convenient living space. Currently tenanted with reliable tenants, this property presents an attractive opportunity for buy-to-let investors, with a potential yield of 6-7%. The apartment is leasehold with a remaining lease of 130 years, and the annual ground rent and service charge are set at £138 and £1,900, respectively, both subject to yearly reviews. A viewing is highly recommended to fully appreciate the apartment's offerings.