Long lease, private parking and low running costs — ideal for first-time buyers or investors..
Two-bedroom first-floor apartment with long 966-year lease
Private off-street parking in communal carpark
Low annual service charge of £396 and Council Tax Band A
Good transport links: two Metro stations under half a mile
Nearby shops, supermarkets and good local schools
Double glazing installed post-2002; mains gas heating
Located in a deprived area with above-average crime rates
Cosmetic updating likely needed to maximise rental/resale value
This two-bedroom first-floor apartment in St. Marks Court offers an affordable entry into Shiremoor with practical essentials already in place. The flat has double glazing, mains gas central heating and a long lease (966 years), reducing common ownership headaches. A private off-street parking space and communal gardens add everyday convenience.
Transport links are a clear strength: two Metro stations are within half a mile and regular bus routes connect to Newcastle city centre and the coast. Local shopping is nearby, including supermarkets, a pharmacy and cafes, making the location convenient for daily life. Three nearby schools have good Ofsted ratings, supporting families.
Financially, the property is priced competitively and carries a low combined service charge of £396 annually and a very cheap council tax (Band A), which helps running costs and supports buy-to-let yields. The building dates from the 1980s and has double glazing fitted post-2002 and cavity wall insulation (assumed).
Buyers should note local context: the wider area is classified as deprived with above-average crime levels and parts described as a hampered neighbourhood. While the apartment is ready to occupy, cosmetic updating could increase appeal and rental value. This home suits first-time buyers seeking an affordable starter flat or investors looking for a low-running-cost income property.
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