44 Marmion Court Worsdell Drive, Gateshead, Tyne And Wear, NE8 2EY

A leasehold investment property located within the Ochre Yards development on the south bank of the River Tyne, approximately 110 years remaining on a 125-year lease from January 1, 2012. The property is currently fully tenanted, generating an income of £1,200 per calendar month, totaling £14,400 annually. The flat features an entrance hall with a large storage cupboard, an open-plan lounge/dining/kitchen equipped with integrated appliances including a fridge/freezer, oven, microwave, electric hob, and dishwasher. There are two double bedrooms, both with French doors leading to Juliet balconies, and the main bedroom includes an ensuite shower room, in addition to a separate main bathroom. Additional features include a secure telephone entry system and lift access to all floors. Externally, the property has an allocated parking space and ample visitor parking. The property has a valid Energy Performance Certificate (EPC) until January 2034 and an Electrical Installation Condition Report (EICR) until September 2029. The ground rent is approximately £165 per annum, with a service charge of £2,508.40 per annum (£209.03 per month). The location is within easy walking distance of Newcastle city centre and the popular Quayside.