Property Details

 
Guide Price £90,000
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
    • Sold with Tenant in Situ
    • Current rental income of £875 pcm (£10,500 per annum)
     
    Situated in the heart of Newcastle city centre, directly opposite Central Station, Apartment 15 at Bewick House offers an excellent opportunity to acquire a one-bedroom apartment in one of the city’s most convenient and historic locations. The property is being sold with tenant in situ, currently paying £875 pcm, generating an annual rental income of £10,500, making it an attractive investment opportunity.
    The apartment features a bright open-plan living and kitchen area, a double bedroom with walk-in wardrobe, and a bathroom.
    Bewick House is named after Thomas Bewick (1753–1828), the famous Newcastle-born artist and engraver whose work helped make the city known 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 best-known historical figures.
    The location is a major feature of the property. Positioned opposite Newcastle Central Station, the apartment benefits from excellent rail and Metro links, with Newcastle’s business district, universities, Quayside, restaurants, cafés, bars and shopping all within easy walking distance.
    Combining a prime central location with a connection to Newcastle’s rich history, Apartment 15, Bewick House is an attractive and well-placed city centre investment.

    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.
     
     
    TPOS

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