Two-bedroom first floor apartment

A two-bedroom first-floor apartment, ideally situated in the sought-after Gateshead area. The property is offered for sale with a tenant in situ, currently paying £750 per calendar month, making this an attractive opportunity for investors seeking an established rental property. The apartment is accessed via a secure communal entrance system and comprises an entrance hallway, a spacious lounge, fitted kitchen, two bedrooms and a bathroom. Externally, the property benefits from allocated parking, providing convenient off-road parking for residents. The property is brick built. Ofcom website states the average broadband download speed of 16Mbps and the fastest package of 80Mbps at this postcode: NE8 1AP and mobile coverage is provided by EE (good outdoor), Three (good), 02 (good outdoor and variable indoor) and Vodaphone (good outdoor and variable indoor). The lease term is 99 years from 9 September 2004. The Ground Rent for the years 1-25 is £100 per annum, £200 per annum for years 26-50, £400 per annum for years 51-75 and then £800 per annum for years 76-99.