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The Bar, St James Gate, Newcastle... 1 bed apartment for sale
The Bar, St James Gate, Newcastle Upon Tyne, NE1
£115,000
The Bar, St James Gate, Newcastle Upon Tyne, NE1
£115,000
Our Summary
- Ideal first time buy or investment opportunity with an expected current rental income of £925 PCM
Description
This modern seventh-floor apartment is situated in the heart of Newcastle's city centre, offering stunning views and easy access to local amenities, transport links, and Newcastle's Central station. The property features a spacious open-plan kitchen/living/dining area, a double bedroom, and a bathroom, with a balcony providing additional outdoor space. The apartment also comes with an allocated parking space in the nearby Time Square car park. With an expected current rental income of £925 PCM, this property is an ideal first-time buy or investment opportunity. The leasehold property has a 125-year lease from 2004, with a ground rent of £350 per annum and a service charge of approximately £2580 per annum. The property is well-connected, with mains sewerage, water, and electricity, and has no gas supply, with heating provided by electric heaters. Additionally, the apartment is suitable for those who require good mobile phone signal and broadband coverage.