Summary - 8 APARTMENT 8 CLAVERING PLACE NEWCASTLE UPON TYNE NE1 3NH
1 bed 1 bath Apartment
**Standout Features:**
- Modern one-bedroom apartment in Quayside location
- Tenanted until June 2026, generating £925 PCM rental income
- Open-plan living space with access to a private balcony
- Allocated parking space with fob entry
- Current Energy Efficiency Rating: C
- Annual service charge of approximately £2,940; ground rent of £250 pa
**Considerations:**
- Leasehold with 107 years remaining
- High crime rate in the area
- No gas supply; electric heating only
- Comprehensive recent upgrades for safety measures
Discover the potential of this modern one-bedroom apartment, positioned in the thriving Quayside area of Newcastle, perfect for both investors and first-time buyers. This property boasts a generous open-plan living space that seamlessly connects to a private balcony, offering a breath of fresh air and lovely urban views. The kitchen is well-equipped with granite worktops and integrated appliances, enhancing both style and functionality.
Currently tenanted until June 2026, this apartment promises a reliable rental income of £925 per month, making it an attractive investment opportunity. With allocated parking and amenities nearby, you’ll enjoy the convenience of city living without the hassle. While the property is in good condition, note that it is leasehold with modest service and ground rents, and an upgrade of safety measures has recently been completed to ensure peace of mind.
Take advantage of this opportunity to invest in a vibrant, cosmopolitan neighborhood that appeals to many demographics, ensuring high rental demand. Seize this chance to own a piece of Newcastle’s urban charm—properties like this don’t stay on the market for long!
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