2 Bed Flat For Sale Fletcher Road, Gateshead, NE8

\rUnlock the Potential of High-Yield Investment!

Introducing an extraordinary ground floor apartment that embodies luxury, sophistication, and a high-end living experience. This property has been thoughtfully improved to provide an exceptional investment opportunity for the savvy investor.

Investment Details
- Rental Income: £1,040 per calendar month
- Gross Yield: 6.57% against the asking price

Location
This remarkable property is nestled within the Ochre Yards development, offering a prime location within walking distance of Newcastle City Centre. It's a seamless fusion of urban convenience and tranquil living. Gateshead Town Centre, replete with amenities such as Tesco, a cinema, and diverse dining options, is easily accessible. An extensive network of transport links, including a bus and Metro interchange, ensures effortless connections to the surrounding areas.

Interior Features
The entrance hall sets the tone for this elegant apartment. It opens into an open-plan lounge, kitchen, and dining area, creating a seamless flow of space and light. The lounge area boasts a built-in sound system and a wall-mounted TV, with doors leading to an inviting balcony and patio area. Electric heaters and carpeting provide warmth and comfort, while the dining area offers ample space for entertaining. Unleash Your Inner Cinephile! This flat comes with a built-in entertainment section, complete with pre-wired hidden home cinema potential and ceiling-mounted speakers in both the bathroom and lounge.

The kitchen is a chef's dream, featuring high-spec appliances and stylish wall and base units with under cupboard lighting. Integrated appliances include a coffee machine, dishwasher, fridge, freezer, microwave, electric oven, and electric hob with a hood. An inset sink and drainer with a mixer tap add both functionality and elegance.

Bedrooms and Bathrooms
The master bedroom is a sanctuary of relaxation, boasting an extensive range of built-in sliding wardrobes, double glazed doors leading to the patio area, and an en-suite shower room/WC. The en-suite is tastefully designed, featuring a low-level W.C., a hand wash basin with a mixer tap, a shower cubicle, and stylish tiled walls. The second bedroom, a comfortable double, also offers doors to the patio area, while the main bathroom/WC showcases a white suite with a low-level W.C., a hand wash basin with a mixer tap, and a panelled bath with an overhead shower.

Exterior
The apartment comes with an allocated parking bay and a rear patio area with views towards the Tyne Bridge. A front terrace adds to the appeal of outdoor living.

Security and Peace of Mind
Accessed via a communal entrance with a coded entry system, this home ensures security and peace of mind.

Leasehold Information
The property is Leasehold for 125 years from 1 January 2004, providing approximately 105 years remaining as of October 2023. The seller has verbally advised a ground rent of £195 per year and a service charge of approximately £236 paid monthly. Full details will be confirmed by solicitors.

Investment Opportunity
Don't miss this exceptional opportunity to own a high-specification ground floor apartment with outstanding features and a convenient location. Embrace the possibility of a fully furnished home and a lifestyle of comfort, sophistication, and easy access to vibrant city living. Act now to secure this remarkable property and embark on a journey of luxurious urban living. Your investment success story begins here!

\rIMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QLF210014/2