Initial price	£55,000
22/08/24	£50,000
Price Change	-9.09%

This one-bedroom second-floor flat is located in the popular Fellgate Estate, close to local schools, shops, and Fellgate Metro, which provides links to both Newcastle and Sunderland. The property offers a great investment opportunity, with a tenant currently occupying the flat and paying £475 per month. The flat features a communal hallway with staircase, a wooden entrance door, and a spacious lounge/diner with large uPVC double-glazed window. The kitchen is modern and well-equipped, with a range of wall and base units, integrated appliances, and laminate flooring. The shower room has a corner shower cubicle, wash basin, and WC, while the bedroom has a uPVC double-glazed window, electric heater, and built-in wardrobe and storage cupboard. The flat also comes with a single garage in a separate block and a communal grassed area. The property has a lease of 105 years remaining from 2005 and a service charge of £110 per month, which is reviewed annually.