£99,000 /Sale price

*** PANORAMIC VIEWS ***Cloud Estates welcome to the Sales market this one bedroom 9th floor apartment within 55 Degrees North and is ideally situated for easy access to all Newcastle city centre amenities, Universities, rail and other transport links.This property comprises of a secure entrance foyer, lifts and stairs to all floors. Front door with hallway leading to the open plan living space and kitchen, the kitchen is equipped with built in hob, oven, extractor fan, integrated dish washer, fridge and washing machine, modern bathroom with bath with shower over, WC and hand wash basin and the double bedroom with fitted wardrobes. HALLWAY 1.033M X 4.05M LIVING SPACE/KITCHEN 2.30M X 9.7M BEDROOM 3.18M X 4.14M BATHROOM 1.80M X 2.4M ** GROSS YIELD 12% ** ACHIEVABLE RENT £1100 PCM The property is all electric with the most fantastic views across the City and River Tyne East to West The development does offer a lobby with concierge service. There is one parking included in the basement car park. Please contact Liane to arrange your viewing with Cloud Estates. EXTRA INFORMATION Leasehold InformationThe lease is 125 years from 24/06/02, approximately 102 years remaining. The service charge is £2595.92 per annum approximately (2025) with a ground rent of £200. We have been advised the ground rent is fixed throughout the term and does not increase. Please be advised that we have not inspected the head lease. We advise to instruct your solicitor to review the lease for any restrictive covenants and to confirm the service charges.Tenure: Leasehold. The block is managed by 55 Degrees North Resident Management Company.Parking: There is an allocated parking space available with this property, fob and permit are required.