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
3 bedroom Flat for sale, Westbourne Avenue, Saltwell, Gateshead, NE8
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Features and Description
- Three Bedroom First Floor Flat
- Ideal For First Time Buyers or Investors
- No Chain Involved
- Approx. Floor Area: 78 sqM or 839.58 sqFT
- Council Tax Band A
- EPC RATING D
Conveniently located with excellent transport links nearby, including regular bus routes, this flat offers easy accessibility to various amenities. It is also within close proximity to the award-winning Saltwell Park, offering the perfect balance of convenience and leisure.
A larger style first-floor flat with no chain involved perfectly suited for first-time buyers or investors.
Based on an estimated rental income of up to £800 per calendar month (£9,600 per annum), the property offers a strong gross yield of approximately 10.7% against the asking price of £90,000.
With a valid EPC Grade D until August 2030 and an EICR until 2nd July 2030.
Please note that the flat falls within the Gateshead Selective Licensing Scheme, ensuring compliance with local regulations and providing further details available via the Gateshead Council website.
Step inside and be greeted by the entrance lobby, leading to the first-floor landing. The lounge exudes elegance with ornate cornicing, a ceiling rose, and a feature fireplace, creating an atmosphere of timeless charm. Three bedrooms provide ample space for tenants or potential occupants.
The kitchen is equipped with a built-in oven and hob, plumbing for a washing machine, and space for a fridge/freezer. A wall-mounted combi boiler ensures convenience and efficiency. A white bathroom/WC completes the accommodations, offering functionality and style.
For your comfort, the flat benefits from a combination gas heating system and mostly double glazing, ensuring a cozy and energy-efficient environment.
Outside, a rear yard provides outdoor space for leisure and relaxation.
We understand the property is on a Tyneside Leasehold of 999 years from January 2003, with approximately 976 years remaining and no ground rent or service charges applicable. Full details will be confirmed by solicitors, providing clarity and confidence in your investment.
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.
Westbourne Avenue, Saltwell, Gateshead, NE8
Additional Information
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Property refQLF220202
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EPCD
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TenureLeasehold
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Lease length975 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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