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£110,000
Belle Grove Terrace, Spital Tongues, Newcastle Upon Tyne, NE2
- 1 bed
Under offer/SSTC
£110,000
- 1 bed
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Buy with a mortgage
Estimate monthly mortgage payment:
£502 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£5,500
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**RECENT LEASE EXTENSION & RENTAL INCOME* Upper ground floor flat, benefiting from a parking space. Briefly comprising lounge featuring bay window with views, open plan to the kitchen/dining area, one double bedroom & bathroom. The property is within a popular location close to the RVI and University Campuses.
The property is currently receiving a rental income of £650 per calendar month / £7,800 per annum. There is a tenancy agreement in place until late August 2023 & a further tenancy in place until late August 2024.
Council tax band: A
EPC Rating: D
Council Tax Band: A (Newcastle Upon Tyne)
Tenure: Leasehold (189 years)
Service Charge: £160 per month
Access
There is a communal hallway, leading to the private entrance door which provides access to the flat.
Lounge
The lounge features a bay window, with views, allowing plentiful natural light into the room. There is an intercom system linking to the external communal entrance door. The lounge is open to the kitchen/dining areas.
Kitchen
The kitchen comprises modern gloss fitted wall and base units, sink, plumbing for fridge/freezer and is fitted for a gas oven/hob.
Bedroom
The double bedroom is located to the rear of the property, there is access to the rear of the property.
Bathroom
A three piece white suite comprising panelled bath, hand wash basin and W.C. With part-tiled walls.
Please note
PLEASE NOTE: All dimensions, references to conditions, descriptions and all other details are given in good faith & are set as a general outline only, any intending purchasers must satisfy themselves as to the correctness of them. As acting agents we have not tested any appliances. Lease details, service charges & ground rent (where applicable) should be checked & verified by your Solicitor prior to exchange of contracts.
Purchasers are advised to make their own enquiries to the relevant authorities regarding the connection of any services. Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of them.
The property is currently receiving a rental income of £650 per calendar month / £7,800 per annum. There is a tenancy agreement in place until late August 2023 & a further tenancy in place until late August 2024.
Council tax band: A
EPC Rating: D
Council Tax Band: A (Newcastle Upon Tyne)
Tenure: Leasehold (189 years)
Service Charge: £160 per month
Access
There is a communal hallway, leading to the private entrance door which provides access to the flat.
Lounge
The lounge features a bay window, with views, allowing plentiful natural light into the room. There is an intercom system linking to the external communal entrance door. The lounge is open to the kitchen/dining areas.
Kitchen
The kitchen comprises modern gloss fitted wall and base units, sink, plumbing for fridge/freezer and is fitted for a gas oven/hob.
Bedroom
The double bedroom is located to the rear of the property, there is access to the rear of the property.
Bathroom
A three piece white suite comprising panelled bath, hand wash basin and W.C. With part-tiled walls.
Please note
PLEASE NOTE: All dimensions, references to conditions, descriptions and all other details are given in good faith & are set as a general outline only, any intending purchasers must satisfy themselves as to the correctness of them. As acting agents we have not tested any appliances. Lease details, service charges & ground rent (where applicable) should be checked & verified by your Solicitor prior to exchange of contracts.
Purchasers are advised to make their own enquiries to the relevant authorities regarding the connection of any services. Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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