Affordable modern apartment with outside space, parking and long lease.
Top-floor two-bedroom apartment with wrap-around balcony and river views
This top-floor two-bedroom apartment occupies 562 sq ft and offers a bright, contemporary living space with a wrap-around balcony and river views across The Staithes. The layout includes a light-filled lounge, separate kitchen, one bathroom and two bedrooms — suitable for first-time buyers or a buy-to-let purchase. UPVC double glazing and mains gas central heating are already in place.
Practical details are straightforward: leasehold with 130 years remaining, an annual service charge of around £1,200 and a small ground rent of £60. Off-street parking is available. Broadband speeds in the area are reported slow, while mobile signal is excellent.
Location gives easy access into Gateshead and Newcastle with nearby public transport and local amenities. Nearby primary and secondary schools are rated Good. Be mindful that the neighbourhood is classified as deprived with higher-than-average crime; this may affect resale or rental desirability and requires realistic pricing expectations.
For a first-time buyer this is an affordable, move-in-ready city-base with outdoor space and low council tax. For investors, the property’s compact size, long lease and manageable running costs could suit lettings, but factor in the area’s social challenges and slower broadband when assessing yield.
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