Property Details
Guide Price £95,000
2 bedrooms
Apartment , Waterloo House, Thornton Street, Newcastle upon Tyne
- Two Double Bedrooms
- Large Lounge/Dining
- Prime City Centre Location
- Excellent Investment Opportunity
- Vacant - Chain Free
- Tenanted Investment
TENANTED INVESTMENT – AGREED RENT £1,200 PCM (£14,400 PA)
This well-proportioned two-bedroom apartment occupies the third floor of Waterloo House, ideally positioned in the heart of Newcastle City Centre.
The property is being sold as a tenanted investment only, with an agreed rental income of £1,200 per calendar month (£14,400 per annum), providing an immediate income stream for the new owner.
The apartment features a fantastic-sized lounge and dining area, with multiple large windows allowing plenty of natural light to fill the space. There is ample room for comfortable seating and a dedicated dining area.
The property also benefits from a separate kitchen with good worktop and storage space, a family bathroom and two well-proportioned double bedrooms.
Waterloo House is situated on Thornton Street, offering an excellent central location close to Newcastle Central Station, with convenient access to rail and Metro connections. The city's shops, restaurants, bars, universities and business districts are all within easy reach.
This is an excellent opportunity for an investor looking to acquire a centrally located, income-producing apartment with a tenant already in place and an agreed rental income of £14,400 per annum.
Investment buyers only. The property is not being sold with vacant possession.
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: D (Newcastle Council )
Tenure: Leasehold (102 years)
Ground Rent: £100 per year
Service Charge: £2,900 per year
Electricity supply: Mains
Heating: Electric
Water supply: Mains
Sewerage: Mains
Accessibility measures: Lift access
This well-proportioned two-bedroom apartment occupies the third floor of Waterloo House, ideally positioned in the heart of Newcastle City Centre.
The property is being sold as a tenanted investment only, with an agreed rental income of £1,200 per calendar month (£14,400 per annum), providing an immediate income stream for the new owner.
The apartment features a fantastic-sized lounge and dining area, with multiple large windows allowing plenty of natural light to fill the space. There is ample room for comfortable seating and a dedicated dining area.
The property also benefits from a separate kitchen with good worktop and storage space, a family bathroom and two well-proportioned double bedrooms.
Waterloo House is situated on Thornton Street, offering an excellent central location close to Newcastle Central Station, with convenient access to rail and Metro connections. The city's shops, restaurants, bars, universities and business districts are all within easy reach.
This is an excellent opportunity for an investor looking to acquire a centrally located, income-producing apartment with a tenant already in place and an agreed rental income of £14,400 per annum.
Investment buyers only. The property is not being sold with vacant possession.
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: D (Newcastle Council )
Tenure: Leasehold (102 years)
Ground Rent: £100 per year
Service Charge: £2,900 per year
Electricity supply: Mains
Heating: Electric
Water supply: Mains
Sewerage: Mains
Accessibility measures: Lift access
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.
