2 BEDROOM APARTMENT WITH PARKING.
An excellent, 2nd floor apartment in Colombo Square, part of the Ochre Yards development. This stylish property comprises: two double bedrooms, hall, hall cupboard, bathroom with shower over bath, open plan living and dining room through to fitted kitchen and Juliet balcony. Situated on the South bank of the Tyne, just a short walk over the bridge from Newcastle city centre, in the ever popular Quayside area. Ochre Yards has grown into a prime location for young professionals, city centre workers, and commuters wanting to make the most of all that Newcastle`s vibrant city centre has to offer, combined with close proximity to tranquil open spaces and a relatively secluded location.
The property is currently let on a periodic basis for £825 per month, achieving an excellent rental yield of 7.07%.
EPC: C. Certificate valid until 14 June 2029.
Annual service charge: TBC. (The service charge could likely range between £1,489 to £1,498 per annum).
Service charge reviewal period: TBC
Annual ground rent: £190.24.
Ground rent reviewal period: TBC
Leasehold remaining: 108 Years
Local Authority: Gateshead
Council Tax Band: Unknown. Not divulged by the local council.
PROPERTY MISDESCRIPTIONS ACT 1991. For clarification, The Good Estate Agency hereby informs prospective purchasers, that we have not carried out a detailed survey, nor have we tested any of the appliances or heating system and cannot give any warranties as to their full working order. Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings.
While these particulars are believed to be accurate, they are not guaranteed and do not form a contract. Neither The Good Estate Agency nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.