Chain-free two-bed apartment with river views, long lease and allocated parking..
River-facing second-floor balcony with direct water views
Allocated secure underground parking space included
Two bedrooms; principal bedroom with en-suite shower room
Chain free sale; approx. 974 years remaining on lease
Service charge approx. £2,546 per year (budgetary impact)
Electric storage heating; appliances and systems untested
Compact overall size (~54 sq m / 581 sq ft)
Local area: higher crime and relative deprivation to consider
Set on the second floor with a private balcony overlooking the river, this two-bedroom apartment offers an affordable entry into the Riverside Development. The living room opens onto the balcony and the principal bedroom has an en-suite shower; a fitted kitchen and separate bathroom complete the layout. Allocated underground parking and good commuter links to Gateshead and Newcastle add practical value for working buyers.
The home is leasehold with approximately 974 years remaining and comes chain free, making purchase straightforward. Service charge is significant at about £2,546 per year, so factor ongoing costs into budgeting. Heating is via electric storage heaters and mains services, heating systems and appliances have not been tested, so buyers should arrange their own inspections.
This property is well suited to first-time buyers or professionals seeking an affordable flat with river views and parking. It sits in an area with strong rental comparables (similar homes let for around £900pcm), but the local neighbourhood shows higher crime and relative deprivation; buyers should balance the apartment’s practical benefits with area considerations.
The apartment is compact (approximately 54 sq metres / 581 sq ft) and presents a ready-to-live-in option or a sensible rental prospect. Its long lease and modern build reduce major legal or structural risks, but prospective purchasers should verify services, heating and any fit-out items before commitment.