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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£129,000
2 bedroom Flat for sale, The Grainger, North West Side, Gateshead, NE8
Features and Description
- Spacious Fourth Floor Apartment
- Breath-taking Views
- Allocated Parking
- Approx. Floor Area 111.5sqM or 1200.4sqFT
- Council Tax Band B
- EPC RATING C
Fourth-floor apartment with breathtaking panoramic river views. Sold with a tenant in-situ currently paying £900 per month giving a gross yield of 8.37% against the asking price.
It also comes with a valid EICR certificate until 18th August 2027 and EPC until August 2032.
Step inside and be welcomed by a spacious, open-plan living and kitchen area, designed to create a seamless flow and a bright, inviting atmosphere. The modern kitchen is fully equipped with built-in appliances, including an electric oven and hob with extractor fan, dishwasher, fridge and freezer.
The property features a comfortable double bedroom with French doors opening to a balcony, offering stunning views. There is also a cozy single bedroom and a partially tiled bathroom/WC with a shower over the bath.
Additional benefits include an allocated parking bay.
Electric heating system and secure intercom entry system. The apartment can be accessed via stairs or lift to all floors.
EWS1 Certificate Available: Providing peace of mind regarding the building's fire safety compliance.
We understand the property is on a 150 year lease from December 2002 leaving approx. 127 years at the time of listing.
The service charge is approximately £139.06 per month and the ground rent is approximately £201.06 per annum and is paid to Kingston Property Services. 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.
The Grainger, North West Side, Gateshead, NE8
Additional Information
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Property refQLF230193
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EPCC
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TenureLeasehold
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Lease length126 years
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Council TaxB
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Ground Rent£201
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Ground Rent ReviewContact the branch
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Service Charge£1,669
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 £116,100 and repaying over 25 years with a 2.5% interest rate.
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84CO2 Rating
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