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
£175,000

Our Summary

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

Description

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