Bridges View, Gateshead NE8 2 bed flat for sale

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Bridges View, Gateshead NE8 2 bed flat for sale

Bridges View, Village Heights, Gateshead, NE8
£70,000

Price History

Initial price £72,500
20/06/24 £70,000
Price Change -3.45%

Description

This second-floor apartment, located within a modern development, is being offered for sale with no onward chain. Although it requires refurbishment, it presents an excellent opportunity for first-time buyers and investors to put their own stamp on the property. With a 125-year lease starting in 2002, there are still 101 years remaining at the time of listing. The annual ground rent is £50 and the service charge is £1270.10, with full details to be confirmed. Similar flats in the area let for between £650pcm and £750pcm, depending on condition, making this a potentially lucrative investment opportunity.