Summary - 125 Waterloo Walk NE37 3EN
3 bed 1 bath Apartment
**Standout Features:**
- Three-bedroom apartment ideal for investment or as a first home
- Secure entry system and communal corridors
- Open plan fitted kitchen with contemporary design
- Fast broadband and excellent mobile signal
- Affordable council tax and low ground rent
**Concerns:**
- Short lease with only 56 years remaining (may impact financing options)
- High crime rate in the local area
- Service charge of £1,860 annually
- No insulation in cavity walls
This three-bedroom flat in postcode NE37 3EN offers an excellent opportunity for investors or first-time buyers seeking affordability in a major conurbation. The property features a secure entry system leading to a spacious living area and a contemporary kitchen, maximized for functionality in its compact space. Although the apartment presents potential for renovation and personal touches with its minimalist style and clean interiors, potential buyers should be aware of the short lease of 56 years, which may complicate mortgage arrangements.
With a council tax band of A, low ground rent, and a convenient location near local amenities like schools, parks, and transport links, this apartment boasts both comfort and practicality. However, the high local crime rate and lack of insulation are significant factors to consider. Don’t miss this chance to transform this property into a comfortable home or a lucrative rental opportunity. Schedule your viewing today, as properties with such potential and affordability in this area can move quickly!
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