1 bedroom flat for sale

* ATTENTION INVESTORS * GROSS YIELD 12% * ACHIEVABLE RENT £1100 PCM * PANORAMIC VIEWS *

Cloud Estates welcome to the Sales market this one bedroom 9th floor apartment which is part of the 55 Degrees North development and is ideally situated for easy access to all Newcastle city centre amenities and transport links.

This property comprises of a secure entrance foyer, lifts and stairs to all floors. Front door with hallway leading to the open plan living space and kitchen, modern bathroom and the bedroom with a fitted wardrobe.

HALLWAY 1.033M X 4.05M
LIVING SPACE/KITCHEN 2.30M X 9.7M
BEDROOM 3.18M X 4.14M
BATHROOM 1.80M X 2.4M

The property is all electric with the most fantastic views across the City and River Tyne East to West

The development does offer a lobby with concierge service.

There is one parking included in the basement car park.

Please contact Liane to arrange your viewing with Cloud Estates.

EXTRA INFORMATION

Leasehold Information
The lease is 125 years from 24/06/02, approximately 102 years remaining. The service charge is £2595.92 per annum approximately (2025) with a ground rent of £200. We have been advised the ground rent is fixed throughout the term and does not increase. Please be advised that we have not inspected the head lease.

Tenure: Leasehold. The block is managed by 55 Degrees North Resident Management Company.

Parking: There is an allocated parking space available with this property, fob and permit are required, WE CURRENTLY DO NOT HAVE THESE, THE NEW OWNER WILL HAVE TO ORDER THESE THEMSELVES.

We advise to instruct your solicitor to review the lease for any restrictive covenants.

Council Tax Band: C
Tenure: Leasehold
Lease Years Remaining: 102