Citygate, Bath Lane, Newcastle upon... 2 bed apartment for sale

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Citygate, Bath Lane, Newcastle upon... 2 bed apartment for sale

Citygate, Bath Lane, Newcastle upon Tyne, Tyne and Wear, NE1
£165,000

Our Summary

  • Presenting an incredible investment opportunity in the highly sought-after City Gate apartment block, situated just off St James Boulevard
  • Investment Opportunity

Description

This impressive investment opportunity is located in the sought-after City Gate apartment block, just off St James Boulevard, offering easy access to the city centre, universities, and central train station. Currently tenanted until August 2025, the property generates a rental income of £1,200 per month. The apartment features an open-plan lounge and kitchen with integrated appliances, two bedrooms, including an en-suite shower room in the master, and a family bathroom with a shower over bath. Additionally, it comes with a parking space and a 102-year remaining lease. The service charge is approximately £4088.56 per annum, and the ground rent is £75 per annum.