2 Bed Studio for sale in Gateshead Gateshead, Tyne and Wear, England, United Kingdom 2 Bed Studio £80,000 | €89,092 | $108,630 Request a Currency Exchange Quote Here

Chad House is a development of 89 apartments consisting of 80 x 1 Bed and 9 x 2 Bed apartments offering investors a net return of 8% assured for 3 years.Ideally located next to Gateshead Highway with its excellent links to the centre of Newcastle, these a

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Property Description ID:27893498
Chad House is a development of 89 apartments consisting of 80 x 1 Bed and 9 x 2 Bed apartments offering investors a net return of 8% assured for 3 years.
Ideally located next to Gateshead Highway with its excellent links to the centre of Newcastle, these apartments in a converted office building will be newly renovated and fitted to the highest standards catering for all the tenants needs. Chad House is situated close to all local amenities including schools, Hospitals and the abundance of bars, shops & restaurants the city has to offer making this the ideal location to purchase a property.
One Bedroom apartments (Approx Size 415 Sq Ft) comprise of; Entrance Hall, Lounge, Kitchen, Good Sized Bedroom & Modern Bathroom.  The kitchens come with fitted with a range of wall and base units with complimentary work surfaces, Stainless steel sink unit, built in oven, hob and extractor, fridge freeze, splash back tiling, and sockets. 
Two Bedroom Apartments (Approx size 569 Sq Ft) comprise of: Entrance Hall, Lounge, Kitchen, Good Sized Bedrooms  & Modern Bathroom.  The kitchens come with fitted with a range of wall and base units with complimentary work surfaces, Stainless steel sink unit, built in oven, hob and extractor, fridge freeze, splash back tiling, and sockets.
Service Charge: £;575 pa - per apartment 
Ground Rent:    £;350 pa per apartment 
Lease:  125 Years From 2017
Cash Buyers Only


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