Spacious period apartment ideal for cash buyers or investors near Jesmond amenities.
Chain free, first-floor apartment with lift access
Set within an attractive Art Deco mansion block in South Jesmond, this first-floor two-bedroom apartment offers spacious rooms across approximately 880 sq ft and a bright bay-windowed living room. The building has lift access, gas central heating and double glazing, and the flat is offered chain-free — a straightforward purchase for a buyer able to proceed without a mortgage.
The location is a key strength: walkable to Jesmond’s shops, cafés and transport links, and close to highly ranked independent and state schools. The apartment sits in a cosmopolitan area popular with students and professionals, creating good rental demand for an investor or a buyer seeking a central, well-connected home.
Important lease and condition notes: the property currently has only 44 years remaining on the lease. Many high-street mortgage lenders will decline lending on a lease this short, so buyers should check financing options (cash purchase, specialist lenders, or confirmed lease extension). The flat also shows scope for updating — original features such as solid brick walls and pre-2002 double glazing suggest energy-efficiency and aesthetic improvements could add value.
Service charge and running costs are material: an annual service charge of £2,040 applies, and parking is on-street only. Crime levels in the area are reported as high; prospective buyers should consider security measures and local neighbourhood checks. Overall, this is a characterful period flat in a prime Jesmond setting that suits a purchaser prepared for lease issues and cosmetic upgrading.
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