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Two Bedroom Apartment with Allocated Parking

Two Bedroom Apartment with Allocated Parking

Address

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Auction date

20 Jul 2026

Guide price

£90,000

Type

Flat

Tenure

Unknown

EPC Rating

C

Status

Upcoming

Auction location placehbolder

Description

An exceptional opportunity to acquire afully tenanted two-bedroom apartment with allocated parking, situated within the renowned Ochre Yards development. The apartment is currently generating a substantial income of£1,200 per month, totaling£14,400 annually, from longstanding tenants since October 2024.

  • Two double bedrooms
  • Open-plan lounge/dining/kitchen with integrated appliances
  • Ensuite shower room to main bedroom
  • Allocated parking space and visitor parking
  • Valid EPC until January 2034
  • EICR until September 2029
  • Leasehold: approximately 110 years remaining
  • Ground rent of £165 per annum
  • Service charge of £2,508.40 per annum

This prime location, close to Newcastle city centre and the popular Quayside, offers both lifestyle advantages and investment potential. With excellent local amenities, this property represents a remarkable investment opportunity.

Last update: 03 Jul 2026

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