1 Bed Flat For Sale Waterloo Street, Newcastle Upon Tyne, NE1

£130,000- Flat

1 of 13
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 30th April 2024

Description

Jan Mitchell Properties are delighted to offer for sale this stunning one bedroom 5th floor apartment with open plan living and balcony, located in the heart of the thriving Newcastle city centre, offered with no onward chain making it an ideal purchase for the first time buyer, downsizer or investor alike.

The property is accessed via a grand communal entrance hall with intercom entry system and has lift access up to the 5th floor. Internally the apartment briefly comprises:- Entrance hall with inbuilt shelving, three piece bathroom with shower over the bath, double bedroom and a stunning open plan Kitchen/dining/living room with contemporary high gloss units all opening out onto a West facing balcony making it perfect for entertaining in the evening.

The Building
Dating back to circa 1933 and envisioned by W.G. Townsend Grey, the Alfred Wilson House was initially built as a drapery warehouse for The Co-operate Wholesale Society. Embracing the Art Deco style, the building underwent a meticulous transformation into apartments in 2003. Renowned as one of the city's premier residential developments, Centralofts boasts remarkable communal spaces and enjoys a prime location within walking distance of Central Station and the amenities of Newcastle City Centre.

IMPORTANT NOTE TO PURCHASERS
We endeavour to make our property details accurate, however, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact. Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency. All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval. If you require clarification of further information on any points please contact us direct.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing. Prospective purchasers must make further enquiries with their legal adviser

Council Tax Band: C (Newcastle City Council)
Tenure: Leasehold (104 years)
Service Charge: £2,500 per year
Total Annual Maintenance & Ground rent approx. £2,500per annum - Awaiting exact figures
Agent Details
Jan Mitchell Properties
Covering North East

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£120,000
Newcastle Upon Tyne, NE1
Flat
9.9
£165,000
Newcastle Upon Tyne, NE1
Flat
9.5
£80,000
Newcastle Upon Tyne, NE4
Flat
9.3
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested