£189,950 Offers in the region of

2 bedroom Flat for sale,
Fairway Court, Fletcher Road, Gateshead, NE8

Features and Description

  • No Chain Involved
  • Approx. Floor Area 69 sq M or 743 sq FT
  • Council Tax Band C
  • EPC RATING C

The apartment has a tenant in situ and is being sold as a buy to let investment, with a 7.58% yield.

This remarkable property is nestled within the Ochre Yards development, offering a prime location within walking distance of Newcastle City Centre. The property has a tenant in situ and is being offered as a ideal buy to let investment.

Location

It's a seamless fusion of urban convenience and tranquil living. Gateshead Town Centre, replete with amenities such as Tesco, a cinema, and diverse dining options, is easily accessible. An extensive network of transport links, including a bus and Metro interchange, ensures effortless connections to the surrounding areas.

Leasehold Information

The property is Leasehold for 125 years from 1 January 2004, providing approximately 104 years remaining as of April2024. The seller has verbally advised a ground rent of £195 per year and a service charge of approximately £236 paid monthly. Full details will be confirmed by solicitors.

Fairway Court, Fletcher Road, Gateshead, NE8

Additional Information

  • Property ref
    QLF210014
  • EPC
    C
  • Tenure
    Leasehold
  • Lease length
    104 years
  • Council Tax
    C
  • Ground Rent
    £195
  • Ground Rent Review
    Contact the branch
  • Service Charge
    £2,832
Chris Warren Branch Manager
Chris Warren
Director

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Your Move Estate Agents Low Fell

Low Fell Branch Manager
Your Move Low Fell
Durham House 449/451 Durham Road, Low Fell, Gateshead, NE9 5EX
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Borrowing £170,955 and repaying over 25 years with a 2.5% interest rate.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

72

Potential

80

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A