1 bed flat

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1 bed flat

Colombo Square, Worsdell Drive, Gateshead NE8
£115,000

Our Summary

  • Investment Opportunity - Tenanted Modern One Bedroom Apartment in Colombo Square, Gateshead
  • Introducing a promising investment opportunity in Colombo Square, Gateshead, Bricks & Mortar is pleased to present this modern one-bedroom apartment
  • This investment opportunity presents an enticing option for astute investors seeking a tenanted modern apartment in a prime location

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: This modern one-bedroom apartment in Colombo Square, Gateshead, offers a promising investment opportunity for professional renters. Situated near Gateshead and Newcastle's quayside, the property features an allocated parking space, visitor parking, and well-maintained communal grounds. The apartment has a neutral decor and includes a spacious living room, dining area, and kitchen with integrated appliances. The bedroom is of a generous size, and the bathroom features a white suite and beige tiling. The property is currently occupied by professional tenants and is leasehold with a tenure term of 125 years. The annual service charge is £1,228, and the ground rent is fixed at £190.24 until 2026. With its desirable location and appealing features, this investment opportunity presents a profitable addition to any portfolio.