2 bedroom apartment for sale

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2 bedroom apartment for sale

Frost Mews, South Shields
£70,000

Our Summary

  • A fantastic opportunity for investors and owner occupiers alike, in a sought after development

Description

This is a modern, purpose-built 2 bedroom flat located in a pleasant and sought-after residential area, with strong rental demand and a thriving local community. The property has gas central heating, an open plan lounge/kitchen, two double bedrooms, and a family bathroom with a 3-piece suite. The leasehold is owned by the leaseholders, meaning no ground rent is paid, and the property is currently rented on a periodic AST at £595PCM. The property has a remaining lease term of 107 years, with the lease start date of 01 January 2006 and the lease end date of 01 January 2131. The internal area is 496 sq.ft. (46 sq.m.), and the EPC rating is (2021) 77 (C) with potential 79 (C). The council tax band is A, and there is no ground rent payable. The service charge is projected to be £925.98 for 2024.
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