The Printworks Newcastle Upon Tyne, 1 Bedrooms Apartment ,For Sale

The Printworks, Rutherford Street

Apartment | For Sale

£115,000

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1 Bedrooms
1 Reception Rooms
1 Bathrooms
  • Investors or Home Buyers
  • Tenanted until July 2023
  • £8,100 Annualised Income
  • Rent Increase to £8,491pa for 22-23
  • 7.0% Gross Yield Increasing to 7.4%
  • Sixth Floor Apartment
  • One Double Bedroom
  • Open Plan Living Area
  • Lift Access
  • EPC Rating C
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SIXTH FLOOR APARTMENT located within the grade II listed building of The Printworks. This modern one-bedroom apartment can be accessed via lift/stair access from the communal entrance. Once inside the apartment the OPEN PLAN LOUNGE/KITCHEN is located at the front of the property. The lounge area is decorated in neutral colours and finished with hardwood flooring. A LARGE ARCHED WINDOW highlights the natural light brought into the room and PROVIDES CITY VIEWS. To the rear of the lounge is the kitchen, comprising of a range of timber effect wall and base units, tiled splashback, integrated SMEG electric oven/hob, SMEG dishwasher and fridge. Alongside the lounge/kitchen is the DOUBLE BEDROOM with BUILT IN WARDROBES and recently fitted carpet. The FULLY TILED BATHROOM is situated to the middle of the property with a three-piece white suite comprising of mains shower over panelled bath, pedestal hand wash basin, WC, heated towel rail and shaver point. In the hallway is a LARGE STORAGE CUPBOARD which is plumbed to house a washing machine.

The property is tenanted to summer 2022 at £8,100 and pre-let for the 2022/23 academic year at an increased rent of £8,491pa.

Located in Newcastle City Centre, The Printworks is within walking distance to a wide assortment of amenities such as shops, bars and restaurants. This includes the popular ELDON SQUARE SHOPPING CENTRE and THE GATE COMPLEX. Numerous transport links inside the City Centre consist of REGULAR BUS SERVICES, ROAD LINKS, METRO STATION and NEWCASTLE CENTRAL STATION.

Energy Efficiency Rating

Current
Potential
71
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
73
73
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

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