Property Details

 
Guide Price £82,000
1 bedroom
Apartment , Bewick House, Bewick Street, Newcastle upon Tyne
    • Period Features
    • Prime NE1 City Centre Location
    • Open Plan Kitchen/Living
    • Double Bedroom with Walk-in Wardrobe
    • One Bedroom Apartment
    • Opposite Newcastle Central Station
    • Tenanted Investment achieving £950pcm (£11,400 per annum)
     
    A superb one-bedroom upper-floor apartment located in the heart of Newcastle city centre, Apartment 15 at Bewick House combines spacious accommodation, character features, and an exceptional location. The property is being sold with a tenant in situ and is available as a tenanted investment only, currently achieving £11,400 per annum. The apartment benefits from higher ceilings, a bright and well-proportioned layout, and immediate access to Central Station, making it an attractive investment opportunity in a highly desirable city-centre location.
    The apartment offers a welcoming open-plan living and kitchen area, providing a bright and versatile space ideal for both relaxing and entertaining. The accommodation also includes a generous double bedroom with the added benefit of a walk-in wardrobe, along with a modern bathroom, creating a comfortable and practical city-centre home.
    Positioned on an upper floor within Bewick House, the property benefits from increased ceiling heights, enhancing the feeling of space and light throughout. The combination of the building’s historic character and the apartment’s well-designed layout creates an appealing living environment rarely found in such a central location.
    Bewick House takes its name from Thomas Bewick (1753–1828), the renowned Newcastle-born artist and engraver whose work helped establish the city’s reputation for creativity and craftsmanship during the Georgian period. His workshop was located close to Newcastle’s historic centre, making the building’s name a fitting tribute to one of the city’s most celebrated historical figures.
    The location is a key attraction, situated directly opposite Newcastle Central Station, providing excellent rail and Metro connections across the region and beyond. The apartment is also within easy walking distance of Newcastle’s business district, universities, the Quayside, restaurants, cafés, bars, and extensive shopping facilities, placing the very best of city living right on the doorstep.
    For investors, the property also presents an attractive opportunity, with an existing tenant in situ and current rental income of £11,400 per annum (£950 per calendar month). This provides the benefit of an established rental income from completion, making it an appealing addition to an investment portfolio.
    Combining a prime city-centre location, generous accommodation, and a unique connection to Newcastle’s rich heritage, Apartment 15 at Bewick House represents an exciting opportunity to acquire a tenanted city-centre investment in one of Newcastle’s most desirable locations.

    Auctioneers Comments:
    This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
    If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
    A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
    The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
    Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

    Council Tax Band: A (Newcastle Council )
    Tenure: Leasehold (977 years)
    Service Charge: £3,839.44 per year
    Electricity supply: Mains
    Heating: Communal
    Water supply: Mains
    Sewerage: Mains

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
     
     
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