Elmfield Square, Newcastle upon Tyne NE3

Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 2

Agent: Pat Robson - Newcastle Upon Tyne Phone: 020 4633 8110

*Triple Aspect First Floor Apartment*Two Bedrooms*Parking*No Onward Chain* An impressive purpose-built apartment occupying a prime Central Gosforth address, tucked away within mature communal gardens and grounds yet within walking distance of Gosforth High Street amenities. Exceeding 750 square feet, the apartment enjoys an upgraded interior specification, and includes a Communal Entrance with convenient lift access, a Private Reception Hall with built-in storage, a 22ft open-plan Living Room / Dining room and Kitchen Area, a Main Bedroom with an En-Suite Shower Room, a Second Double Bedroom, and a Bathroom. With double glazing and electric heating, viewing is highly recommended.<br/><br/>Ideal for owner occupiers or as an investment purchase, the apartment would generate a gross yield (pre service charge) in the region of 6.7%, based on a projected market rent of £1,450 per calendar month.<br/><br/>Material Information -<br/>Council Tax Band: D<br/>Tenure: Leasehold <br/>Lease: 105 Years remaining <br/>Service Charge: £2,100 per annum.<br/>Ground Rent: £273.51 per annum<br/>Management Company: Elmfield Square RTM Company Limited <br/>Parking: Allocated resident parking.<br/>Pets: Not permitted<br/>EPC Rating: C<br/><br/>