This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£75,000
1 bedroom Flat for sale, Chevington, Leam Lane, Gateshead, NE10
Features and Description
- One Bedroom Ground Floor Flat
- Perfect for First-Time Buyers, Professionals and Investors.
- No Chain Involved
- Approx. Floor Area 52 sqM or 559.723 sqFT
- Council Tax Band A
- EPC RATING C
One bedroom ground floor flat is available with no onward chain. Perfect for first-time buyers, professionals and investors.
Similar apartments are achieving up to £550 PCM, depending on the standard and finish.
This represents an 8.8% gross yield based on the current asking price.
The property comprises an entrance hall with large storage cupboard, kitchen with space for fridge/freezer, built in oven and gas hob with extractor fan over, plumbing for washing machine.
Partially tiled bathroom/WC with shower over bath, spot lighting and radiator. Spacious lounge with feature fireplace and overlooking garden. Double bedroom to front with space for wardrobes and view to front garden.
Rear garden is mainly lawned and enclosed. The front garden is mainly lawned. The side garden features a storage shed.
Additional benefits include double glazing throughout and a gas central heating system.
We understand the property is on a 125 year lease from 15th January 1989 leaving approx. 88 years remaining at the time of listing.
The annual service charge and ground rent is around £681.51 per anum. Please note we have not inspected the head lease.
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Chevington, Leam Lane, Gateshead, NE10
Additional Information
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Property refQLF250230
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EPCC
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TenureLeasehold
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Lease length88 years
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Council TaxA
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
Do you have a property you need to sell?
Your Move Estate Agents Low Fell
Your Move Low Fell
Durham House 449-451 Durham Road, Low Fell, Gateshead, NE9 5EX
Mon - Fri09:00 - 17:00Saturday09:00 - 13:00SundayClosed
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Current
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76CO2 Rating
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