55 Degrees North Pilgrim Street... 1 bed apartment for sale

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55 Degrees North Pilgrim Street... 1 bed apartment for sale

55 Degrees North Pilgrim Street, Newcastle Upon Tyne NE1
£99,000

Price History

Initial price £110,000
04/11/25 £99,000
Price Change -10.00%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This one-bedroom apartment on the 9th floor of 55 Degrees North offers panoramic views of the city and River Tyne, making it an ideal location for easy access to Newcastle city centre amenities, universities, rail, and other transport links. The apartment features a secure entrance foyer, lifts, and stairs, with a front door leading to an open-plan living space and kitchen. The kitchen is equipped with modern appliances, and the bathroom has a bath with shower over, WC, and hand wash basin. The double bedroom has fitted wardrobes. The property is all-electric and has one parking space in the basement car park. With a gross yield of 12% and achievable rent of £1100 PCM, this apartment is a great investment opportunity. The lease has approximately 102 years remaining, and the service charge is £2595.92 per annum, with a fixed ground rent of £200 per annum.