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.
£90,000
2 bedroom Flat for sale, Stowell Terrace, Heworth, Gateshead, NE10
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Features and Description
- Ground Floor Flat
- No Chain Involved
- Perfect for First Time Buyers and Investors
- Approx. Floor Area: 65sqM or 699.654sqFT
- Council Tax Band A
- EPC RATING D
Ground floor flat offered with no onward chain. Ideal for investors or first-time buyers.
The seller has recently had new flooring laid in the kitchen and bathroom and been decorated throughout.
Similar flats in the area let up to £700pcm depending on standard.
The property has a valid Electrical Installation Condition Report until 14th September 2026 and a valid CP12 until 19th January 2025.
Parking in the area is available via a resident permit scheme. The property is eligible for up to two resident parking permits per year, with the first permit costing £30 and the second permit costing £50. Visitor parking vouchers are also available, with a book of 10 visitor vouchers costing £5.50.
The accommodation includes an entrance hallway with a storage cupboard, a front double bedroom with a bay window and feature fireplace, and a second bedroom to the rear. The lounge features a electric fire and offers a comfortable living space.
The kitchen includes a built-in oven and electric hob. There is space for a fridge/freezer, plumbing for a washing machine and a door leading out to the rear yard. The bathroom/WC is fully tiled and features a bath with shower over, extractor fan and a heated towel rail.
Externally, the property benefits from an enclosed rear yard. Additional features include gas central heating via a Eco Compact boiler and double-glazed windows throughout.
We understand the seller owns the freehold for both the ground and first floor flats, which will be formally split upon completion in accordance with the Tyneside Lease structure (where each flat owns the freehold of the other). 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.
Stowell Terrace, Heworth, Gateshead, NE10
Additional Information
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Property refQLF250419
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EPCD
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TenureLeasehold
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Lease length886 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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Borrowing £81,000 and repaying over 25 years with a 2.5% interest rate.
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