Initial price	£167,500
29/06/24	£142,500
Price Change	-14.93%

This two double bedroom first floor apartment is situated in the sought-after area of Gosforth, Newcastle upon Tyne, offering excellent transport links, schools, and local amenities. The property is well-presented and comprises a spacious lounge/diner, a modern fitted kitchen, two well-proportioned double bedrooms with the master including an en-suite, and a contemporary family bathroom. Additional features include UPVC double glazing, electric heating, intercom access, and a lift within the building. The property also comes with two parking passes and is currently tenanted with A1 tenants, providing a potential yield of 6-7% for buy to let investors. The lease is for 981 years with a current ground rent of £125.00 and a service charge of £1,955.00 per annum. Council Tax Band C and an EPC rating of C highlight the efficiency and cost-effectiveness of the property. Viewings are highly recommended to fully appreciate the accommodation on offer. User 0: This two-bedroom apartment is situated on the first floor of a modern development in the desirable suburb of Gosforth, Newcastle upon Tyne. The property boasts excellent transport links, a range of reputable schools, and a variety of local amenities, making it an ideal choice for professionals and families alike. The apartment is well-equipped with UPVC double glazing and electric heating throughout, ensuring comfort and energy efficiency. The open-plan lounge/diner is perfect for entertaining or relaxing, while the modern kitchen is fitted with a selection of appliances for convenience. The master bedroom benefits from an en-suite shower room, adding a touch of luxury, and there is a second double bedroom, complemented by a stylish family bathroom. The property also features intercom access for security and a lift for easy access to all floors. With two allocated parking spaces, the apartment offers practicality for car owners. Currently tenanted by A1 tenants, the property presents an attractive proposition for buy-to-let investors, with a potential yield of 6-7%. The lease is long at 981 years, with reasonable ground rent and service charge contributions, and the property benefits from Council Tax Band C and an EPC rating of C, indicating its cost-effective running costs. Overall, this apartment is a well-maintained and