Summary - 58 Baxterwood Grove NE4 5HU
2 bed 1 bath Flat
Chain-free two-bed maisonette near St James' Park with balcony, parking and rental potential..
- Chain-free two-bed maisonette over two floors, private decked balcony
- 92 years remaining on lease; ground rent £10 per year
- Service charge c. £197.40 pcm; council tax band A (very cheap)
- Off-street resident parking and lift access to floors
- Heating via electric room heaters; EPC rating D
- 1970s/80s concrete build with low–medium ceilings
- Strong rental potential; easily reinstated to three bedrooms
- Area: very deprived with higher local crime levels
A chain-free two-bedroom maisonette arranged over two floors, set within easy walking distance of Newcastle city centre and St James' Park. The property includes a private decked balcony overlooking a green, lift access, and an allocated resident car park. The layout was created by opening two smaller rooms into one large bedroom, so reinstating a third bedroom is straightforward if preferred.
This flat presents good rental potential — illustrative figures suggest strong returns at current market rents — and will suit investors or buyers seeking a city-base near transport and local amenities. Practical positives include double glazing, a recent-looking kitchen, fast broadband and excellent mobile signal.
Be candid about the basics: heating is by electric room heaters, the EPC is D, and the building is a 1970s/80s concrete construction with relatively low ceilings. The area is recorded as very deprived with a higher local crime level, which will affect resale and some buyer preferences. Leasehold details: 92 years remaining, ground rent £10 pa and service charge about £197.40 pcm (below average).
Overall this is a practical, well-located flat with immediate rental potential and simple scope for improvement or reconfiguration. Buyers should factor in the leasehold term, electric heating, EPC rating and the neighbourhood profile when assessing long-term plans.
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