Move-in-ready first-floor flat near the marina with long lease and parking.
Long 999-year lease from 2005
This well-presented first-floor apartment offers a fresh, low-maintenance home close to North Shields Marina. The current owners have upgraded the kitchen and bathroom, and the principal bedroom benefits from an en suite — making it move-in ready for a couple or first-time buyer. The 999-year lease (from 2005) is an excellent long-term tenure feature.
Practicalities are straightforward: double glazing, electric heating and allocated/off-street parking, plus small communal gardens. The apartment’s compact footprint and modern finish make it easy to manage and economical to decorate or adapt to your needs.
Be clear about running costs and local context. The block carries an average service charge of around £1,800 per year and a ground rent of £100. Heating is by electric room heaters (no gas), and the immediate area is classed as very deprived with a very high local crime level — factors to weigh for daily living or lettability.
For buyers seeking a modern, low-upkeep two-bedroom close to the waterfront, this apartment offers good decorative order, a long lease and sensible parking. Investors should note the local social profile and service charges when modelling returns.
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