£75,000
1 bedroom flat for sale
Chevington, Gateshead NE10
flat 
1 bedroom Property description
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 & TENANTS:
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 traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
QLF250230/2
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 & TENANTS:
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 traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
QLF250230/2
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First listed
4 days agoEnergy Performance Certificate
Chevington, Gateshead NE10
Marketed by
Your Move - Low Fell Durham House 449/451 Durham Road Low Fell NE9 5EXCall agent on 0191 499 9696
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Chevington, Gateshead NE10 - Streetview
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