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£160,000

Degrees North, City Centre, Newcastle Upon Tyne, NE1

  • 2 beds
Flat

£160,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£730 per month

Minimum deposit amount:

£8,000
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Highly desirable, two double bedroom apartment available within popular 55 Degrees North development in the heart of Newcastle City Centre. This property has an en-suite shower room to the main bedroom and separate family bathroom. The spacious lounge offers panoramic views across the city and is open plan with the modern fitted kitchen which includes a dishwasher. There is hard wood flooring throughout, contemporary furnishings and neutral d?cor. Located on the sixth floor, there is lift access and a concierge service. There is also 24/7 security.

Rent ?129.92 PPPW / ?1,132.16 PCM
Rental Income ?13,585.92 PA
Gross Yield 8.4%

Leasehold - 125 years from 24/06/2002
Ground Rent - ?200pa (Review period TBC)
Service Charge - ?1200.20. (01/01/23 - 01/07/23 Period)
Council Tax Band - D

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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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