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Quayside Lofts, 8 Clavering Place... 1 bed apartment for sale
Quayside Lofts,, 8 Clavering Place, Newcastle Upon Tyne, Tyne and Wear, NE1
£115,000
Quayside Lofts,, 8 Clavering Place, Newcastle Upon Tyne, Tyne and Wear, NE1
£115,000
Our Summary
- * QUAYSIDE APARTMENT WITH BALCONY AND PARKING * Providing an ideal First Time Buy or Investment opportunity with an estimated rental in excess of £900 pcm
- We can provide further information on the scope of remedials works on request
Description
This one-bedroom apartment in the Quayside Lofts building offers a great opportunity for a first-time buyer or investor, with an estimated rental income of over £900 per month. The property features a block caretaker, open-plan living area with balcony, and allocated parking. The apartment has a double-glazed door to the balcony, wall-mounted electric heaters, and a kitchen with granite worktops and integrated appliances. The bedroom has a double-glazed window and wall-mounted electric heater, and the bathroom has a panel bath with shower over, wash hand basin, and WC. The property is leasehold, with a 125-year lease from 2005, and annual service charges of approximately £2940. The ground rent is £250 per year and increases every 10 years in line with the retail price index. The property has been upgraded with a new fire alarm system and remediation work is being funded by the Cladding Safety Scheme.