Compact, contemporary two-bed with balcony and parking, ideal for first-time buyers or investors.
Top-floor two double bedrooms with modern en-suite for main bedroom|Open-plan living/kitchen leading to private balcony|Lift access with allocated and visitor parking|Approximately 700 sq ft; 104 years lease remaining|Service charge ~£2,800 and ground rent ~£258 per year|Electric room heaters (no central gas) may raise energy bills|No onward chain; fast broadband and excellent mobile signal|Local area: high crime rate and classified as deprived
This top-floor two-bedroom apartment offers a compact, contemporary home in a convenient Gateshead location, just a short walk from Newcastle and Gateshead city centres and the Quayside. The open-plan living/kitchen opens onto a balcony suitable for alfresco dining, and the principal bedroom benefits from a modern en-suite. Allocated and visitor parking plus lift access add everyday convenience.
Practical details suit first-time buyers or investors: the property is leasehold with 104 years remaining, measures about 700 sq ft, and is sold with no onward chain. Fast broadband and excellent mobile signal support home working or rental demand. The building has modern double glazing and was built in the mid-2000s, so many structural elements are relatively recent.
Buyers should note the material running costs and local context plainly. The annual service charge is about £2,800 and ground rent circa £258, which affect ongoing affordability. Heating is electric room heaters rather than a central gas system, so energy costs may be higher. The immediate area scores high for crime and is classed as deprived, factors that investors should weigh when assessing yields and first-time buyers should consider for lifestyle and security.
Overall, this is a practical, move-in-ready apartment with city access and rental potential, best suited to buyers looking for a compact urban home or an investor prepared to factor service charges, electric heating costs, and local area considerations into their decision.