Property description

*Investment Opportunity* (EWS1 Form In Place) Currently tenanted until September 2022, Bricks & Mortar welcomes this third floor, modern, two bedroom apartment in Colombo Square, Gateshead. Close to both Gateshead and Newcastle's quayside, this is a popular location for professional renters.

An allocated parking space is included with visitor parking and well maintained communal grounds. The apartment is accessed by stairs and lift with door code entry and intercom system.

Neutrally decorated, the property includes a spacious loving room/diner/kitchen with patio doors leading to a private balcony. The kitchen features integrated appliances including a fridge freezer along with wall and base beech units.

Both bedrooms are good sized doubles, the second of which also accesses the balcony whilst the master includes an ensuite shower room.

There is an additional shared bathroom with full white suite and beige tiling.

The property is current rented out to professional tenants at £750pcm and is to be sold with tenants in situ.

We have also been advised the following by the current owners;

The property is leasehold with a 125 year lease from 1st Jan 2006.
Annual ground rent is £190.24
Annual service charges are £1213.

Council Tax bandC

Bricks & Mortar Group Give Notice That;- 1. These particulars do not constitute any part of an offer or a contract. 2. All statements contained in these particulars to this property are made without responsibility on the part of the Agents or the Vendor/Lessor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. The particulars, various plans, photographs, descriptions and measurements have been carefully prepared, but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misdescription shall be a ground for a claim neither for compensation nor the recession of the Contract by either the Vendor/Lessor or the Purchaser/Tenant. 5. Neither the Vendor/Lessor nor Bricks & Mortar Group nor any person in employment has any authority to make or give any representation or warranty in relation to the property. 6. The copyright of all details, photographs and floorplans remain exclusive to Bricks & Mortar Group and no third party shall use these without express written consent by the company.
Amenities

Investment Opportunity

Tenants in Situ

Leasehold

Third Floor

Private Balcony

Allocated Parking Space

Intercom Entry

Open Plan Living Space

Ensuite and Shared Bathroom

Close to Quayside