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Baltic Quay, Tyne and Wear

£170,000  Offers in the Region of
  • Flat/Apartment
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Reception room
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**Investment Opportunity**Two Bedroom Apartment**River Views**No Onward Chain** Designed by The ID Partnership and constructed by Bryant Homes circa 2003, Baltic Quay Apartments forms one of the most dynamic and exciting high rise developments in the North East. Sitting behind the landmark Baltic Art Gallery and adjacent to Sir Norman Foster’s Glasshouse International Centre For Music, the development is well positioned for access to Newcastle City Centre amenities. Occupying a seventh floor position with river and Quayside views, the apartment exceeds 780 square feet and includes a Communal Hall, a Private Reception Hall with built-in storage, a dual aspect Living Room / Dining Room with balcony access, a separate Kitchen, a Main Bedroom with an En-Suite Shower Room, a Second Double Bedroom and a Bathroom. The property generates an annual income of £13,200 representing a yield of 7.7%. With double glazing, electric heating, lift access and a parking space, viewing is highly recommended.

Material information:
Council Tax Band - D
Tenure - Leasehold
Lease Length - 225 years
Service Charge - £3129 per annum including reserve fund
Ground Rent - £150 per annum
Parking - Allocated resident parking space

 
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