Compact modern apartment with allocated parking and river views.
Upper-floor one-bedroom flat with open-plan lounge/kitchen
Set on the upper floor of a contemporary riverside development, this one-bedroom flat offers bright open-plan living and wide views along the River Tyne. The layout suits a single professional or couple wanting a compact city-base with easy access to the Ouseburn Valley’s bars, cafés and cultural venues.
Practical features include an allocated secure parking space beneath the building, double glazing, and a long lease of approximately 230 years. Heating is via electric storage heaters and the property is electrically powered throughout, which suits tenants or owners wanting a simple utility setup but may mean higher running costs compared with gas-heated homes.
Costs to note: the development has an average service charge of about £2,688 per year and a small ground rent of £200. The immediate area is classed as very deprived and local crime levels are very high, so buyers should consider security and investment horizon carefully.
This flat offers straightforward rental or first-home potential in a vibrant riverside neighbourhood. It is best suited to buyers seeking a low-maintenance, modern apartment with parking and excellent transport and leisure links, who accept the service charges and local area challenges.
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