Hanover Mill, Hanover Street

An opportunity to acquire this two bedroom flat boasting an open-plan layout, resident parking and plentiful of potential, situated on Newcastle’s Iconic Quayside. The property would make an ideal purchase for investors, first time buyers and young professionals alike.

As you enter through the front door, you’ll step into a spacious hallway leading into the living area. This area includes a generously sized open-plan kitchen, dining, and living room. The kitchen is equipped with a variety of wall and base units, along with integrated appliances such as a dishwasher, oven, 4-ring hob, and hood. There are two bedrooms, one of which has its own en suite shower room. The accommodation is completed by a bathroom featuring a toilet, handwash basin, and a bath with a shower overhead.

The apartment is accessed from Hanover Street and offers a secure communal entrance with an intercom system. Stairs and an elevator provide access to all floors. Additionally, the apartment comes with resident parking.

The property presents an ideal investment opportunity, as it currently has a tenant in place until June 2024.

LOCATION
Situated in the desirable Hanover Mill, on Newcastle’s vibrant Quayside, this development is situated in a perfect location for young professionals or city workers to call home, providing a wealth of entertainment from both the Quayside and Newcastle City Centre.

This apartment is within striking distance of Newcastle’s abundance of offices, universities, and amenities, including the BALTIC Contemporary Centre of Art, shops, restaurants, and bars. There are excellent transport and road links offering easy accessibility to Jesmond, Gosforth, Gateshead’s Metrocentre, and the A1, as well as Newcastle Train Station, just a short 5-minute walk away, with direct lines both North and South.

SERVICES
Mains water, electricity and drainage are connected. Double glazing throughout.

COUNCIL TAX BAND
Newcastle Upon Tyne – D

TENURE
Leasehold -125 years from 27 November 2006
Service Charge – £3000 p/a l Ground Rent – £389p/a

In line with UK Money Laundering Regulations and HMRC supervision, buyers must complete identity verification using a Government-approved digital verification service. An administrative charge is payable to cover compliance costs, charged at £25 + VAT (£30) for each purchaser. Verification is required following offer acceptance and prior to the property being marked Sold Subject to Contract.