Main image of 2 bedroom  Flat for sale, The Grainger, North West Side, Gateshead, NE8
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£135,000 Asking price

2 bedroom Flat for sale,
The Grainger, North West Side, Gateshead, NE8

Chris Warren Branch Manager
Chris Warren
Senior Branch Manager
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Features and Description

  • Spacious Fourth Floor Apartment
  • Breath-taking Views
  • Allocated Parking
  • Approx. Floor Area 111.5sqM or 1200.4sqFT
  • Council Tax Band B
  • EPC RATING C

Fourth-floor apartment with breathtaking panoramic river views. Sold with a tenant in-situ OR with vacant possession i.e. to an owner occupier. No chain involved.

Tenant currently paying £875 per month since February 2024 currently on a rolling contract giving a gross yield of 7.78% against the asking price.

Similar apartments in the block let for around £950pcm meaning there is opportunity to increase the rent.

It also comes with a valid EICR certificate until 18th August 2027 and EPC until August 2032.

Step inside and be welcomed by a spacious, open-plan living and kitchen area, designed to create a seamless flow and a bright, inviting atmosphere. The modern kitchen is fully equipped with built-in appliances, including an electric oven and hob with extractor fan, dishwasher, fridge and freezer.

The property features a comfortable double bedroom with French doors opening to a balcony, offering stunning views. There is also a cozy single bedroom and a partially tiled bathroom/WC with a shower over the bath.

The Grainger, North West Side, Gateshead, NE8

Additional Information

  • Property ref
    QLF230193
  • EPC
    C
  • Tenure
    Leasehold
  • Lease length
    127 years
  • Council Tax
    B
  • Ground Rent
    £201
  • Ground Rent Review
    Contact the branch
  • Service Charge
    £1,669
Chris Warren Branch Manager
Chris Warren
Senior Branch Manager

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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 £121,500 and repaying over 25 years with a 2.5% interest rate.

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From 1 April 2025

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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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

69

Potential

84

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