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.
£80,000
2 bedroom Flat for sale, Moore Street, Gateshead, NE8
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Features and Description
- Two Bedroom Ground Floor Flat
- Ideal For First Time Buyers or Investors
- Modern Kitchen
- Approx. Floor Area: 63 sqM or 678.12 sqFT
- Council Tax Band A
- EPC RATING C
This well presented two bedroom ground floor flat is offered with no onward chain. Ideal for first time buyers and investors.
Similar apartments in the area typically achieve rents of around £700 PCM, depending on their standard and presentation. With a marketing price of Offers Over £80,000, the property represents an approximate gross rental yield of up to 10.5%, subject to the final purchase price.
The property features a spacious double bedroom to the front with space for wardrobe, along with a comfortable lounge that benefits from a feature fireplace and a useful storage cupboard. A second bedroom is located to the rear of the property.
The modern kitchen includes an integrated fridge freezer and dishwasher, plumbing for a washing machine, space for a cooker, and direct access to the rear yard.
The bathroom/wc comprises a bath with shower over, partial wall tiling, and a heated towel rail.
Externally, the property enjoys a private rear yard and ample on street parking to the front.
The property benefits from double glazed windows throughout and gas central heating, provided by a Baxi boiler.
We understand the flat falls into Council Tax Band A and is on a Lease of 999 years from 5th July 1990 leaving approx. 963 years remaining at the date of listing with no ground rent or service charges payable (Full details will be confirmed by solicitors)
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.
Moore Street, Gateshead, NE8
Additional Information
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Property refQLF260390
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EPCC
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Council TaxA
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Your Move Low Fell
Durham House 449-451 Durham Road, Low Fell, Gateshead, NE9 5EX
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