Frost Mews, South Shields

Modern purpose built 2 bedroom flat, built in 2006. This home is located in a pleasant and sought after residential area, with very strong rental demand and a thriving local community of owner occupiers.

The freehold of this property is owned by the leaseholders which means that there is no ground rent to be paid!

A fantastic opportunity for investors and owner occupiers alike, in a sought after development. Internally, this is a well presented home, with an open plan lounge/kitchen, two double bedrooms, and a family bathroom with 3 piece suite. Quite unusually for newer build flats, this property has gas central heating, for a more efficient and effective heating system.

On Street parking is available outside the building. There is a specific provision in the lease granting the exclusive right to use the car parkingspace (numbered 9 in blue on the title plan).

Placement is key, with a full range of supermarkets within short walking distance and access across the North East via the extensive metro network, overground public transport, and main arterial routes. South Shields is a coastal town, and the beautiful Sandhaven beach and South Shields lighthouse are just a 5 minute drive away.

The property is currently rented on a periodic AST at £595PCM.

Key information:

Lease term remaining: 107 years
Lease start date: 01 January 2006
Lease length: 125 years
Lease end date: 01 January 2131

Internal area: 496 Sq.Ft. (46 Sq.M.)
EPC rating: (2021) 77 (C) Potential 79 (C)
Council tax band: A 
 
Ground rent: N/A 
Service charge: £925.98 (projected) for 2024

If this property is being purchased as an investment then we would be delighted to offer 6 months free property management via our sister company, Rent North East.

BIP: Please click here to view our buyers information pack, which includes property certificates, completed TA6 and TA10 law society forms, land registry documents, and tenancy documents.