Sold STC
Offers over £75,000

2 bed flat for sale in Gosforth Terrace, Gateshead, NE10 (ref: RS0325)

Shortlist

Key features

  • Central Location
  • Fireplace
  • Investment Potential
  • On-Street Parking
  • Seperate Dining Room

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Welcome to Gosforth Terrace. This property is a two-bedroom, one-bathroom upper flat on Gosforth Terrace. Keep reading to find out what makes this property unique!


Investment Potential - Achievable Rental Yield - 10%:

This flat is in a high rental demand area of the North East, with the area seeing demand and rental values increase around 4.9% over the past 12 months.


No Chain:

The property is offered for sale with no onward chain, streamlining the buying process and allowing for a smooth, hassle-free and most importantly quick transaction. Buyers can proceed with confidence, knowing that there are no delays or complications associated with a chain.

Prime Location Close to Newcastle City Centre:

This property enjoys a prime location with easy access to essential amenities as well as being only a 15 minute drive from Newcastle City Centre and 10 minute walk to Pelaw Metro Station.


As you walk upstairs, to the left you are greeted by a spacious living room, as well as a galley-kitchen with appliances including a washing machine, an oven, a hob, an extractor fan and a fridge-freezer. The ground floor also has a separate dining room as you walk into the living area, separated with an archway.

In this property, there are 2-bedrooms, one spacious double bedroom, and one single bedroom. You also have one tiled family bathroom, complete with a bath and a detachable handheld shower head.

Externally you have a small paved yard to the front of the property as well as on-street parking. You also have a small shared yard to the rear of the house.

This house is located near many local amenities such as a hospital, schools, shops, takeaways, and other everyday necessities. It is also only a 15 minute drive into Newcastle Town Centre, and a 2-minute drive and 10 minute walk to the nearest metro station, for easy travelling.


Early viewing is highly recommended.


Council Tax Band: A (Gateshead Council)
Tenure: Leasehold (977 years)
999 years from 2002

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Stamp duty due

Based on a sale price of £75,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

8 Property images

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Further details

  • Status: Sold STC
  • Council tax band: A
  • Tenure: Leasehold
  • Reference: 592342

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