Turn-key one-bedroom flat near Quayside — strong rental demand, compact and low-maintenance..
- Modern open-plan living/kitchen with integrated appliances
- Compact size ~414 sq ft, one double bedroom
- Secure block with lift and professionally managed communal areas
- 105 years remaining on lease; low ground rent (£100)
- Average service charge ~£2,300 per year (noted ongoing cost)
- Heating via electric room heaters, no central gas heating
- Located in inner-city, strong rental demand but high crime rates
- Area classified as deprived; affects tenant pool and resale
A compact, modern one-bedroom apartment in the riverside Curzon Place development, a short walk from the River Tyne and Newcastle Quayside. The open-plan living/kitchen benefits from large windows, integrated appliances and contemporary finishes, making it move-in ready for tenants or an owner-occupier seeking low-maintenance city living.
This property suits buy-to-let investors: it has a proven rental track record in a high-demand, student and professional lettings market, fast broadband and excellent mobile signal. The building is professionally managed with secure entry, lift access and well-kept communal areas, and the 105-year lease and modest ground rent support long-term value.
Buyers should note material drawbacks plainly: the flat is small (approx. 414 sq ft), heating is electric room heaters rather than a central system, and the average annual service charge is relatively high at about £2,300. The wider neighbourhood scores as deprived with very high recorded crime levels — factors that will affect tenant mix, rental yield expectations and resale marketing.
Overall, this is a turn-key, low-upkeep apartment offering straightforward rental income and city-centre access. It suits hands-off investors or first-time buyers seeking an entry-level riverside home who accept the compact size and the higher running costs associated with service charge and electric heating.
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