Rialto Building Newcastle Upon Tyne, 4 Bedrooms Apartment - purpose built ,For Sale

Rialto Building, Melbourne Street

Apartment - purpose built | For Sale

£158,000

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4 Bedrooms
1 Reception Rooms
1 Bathrooms
  • Investment Opportunity
  • £16,685 Annualised Income*
  • Let Until January 2020
  • 10.5% Gross Yield
  • Fifth Floor Apartment
  • Four Bedrooms
  • Juliet Balcony to Lounge
  • Secure Parking Space
  • Lift Access
  • EPC Rating D

Fifth floor CITY CENTRE apartment, ideal for INVESTORS and currently let until January 2020. The property is accessed via communal entrance with stairs and lift access to the fifth floor. The inner entrance hallway includes two storage cupboards and TELEPHONE ENTRY SYSTEM. The SPACIOUS LOUNGE features JULIET BALCONY and offers plenty of space for living and DINING AREA. MODERN STYLE KITCHEN well equipped with wall and base units and integrated oven and hob. FOUR DOUBLE BEDROOMS with the second JULIET BALCONY to the master bedroom. SEPARATE SHOWER ROOM with shower cubicle, wash hand basin, WC and heated towel rail. Externally, there is SECURE UNDERGROUND PARKING available to all residents.

The Rialto Building is located on Melbourne Street, within walking distance to NORTHUMBRIA & NEWCASTLE UNIVERSITY CITY CAMPUS. Both NEWCASTLE CITY CENTRE and the QUAYSIDE are within close proximity, offering a wide variety of shops, bars and restaurants. Major transport links include MANORS METRO STATION and easy vehicular access to the A167 motorway.

Energy Efficiency Rating

Current
Potential
65
81
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

CO2 Rating

Current
Potential
76
75
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

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Agents Note

* We have been advised by our client that the property is currently let from September 2019 to January 2020 at £80pppw (Annualised to £16,685).

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