55 Degrees North,
Pilgrim Street, NE1 6BG

Asking Price £150,000

Property features

Two Double Bedrooms
Two Bathrooms
No Onward Chain
Allocated Parking
Gated Development
City Centre Location
Strong Investment Potential
55 Degrees North Development
Tenure: leasehold

About this property

TWO BEDROOM, TWO BATHROOM APARTMENT WITH ALLOCATED GATED PARKING | NO ONWARD CHAIN | Located within the iconic 55 Degrees North development in Newcastle City Centre, this well-presented apartment offers an excellent opportunity for both owner-occupiers and investors alike. The property briefly comprises an entrance hall, spacious open-plan living/dining/kitchen area, two double bedrooms, including a principal with en-suite, and a further modern bathroom. A key feature is the allocated gated parking space, a rare and highly sought-after benefit within the city centre. Offered with no onward chain, the property presents a straightforward purchase and strong investment potential. Situated in a prime central location, the apartment provides easy access to Newcastle’s universities, hospitals, transport links, and a wide range of shops, bars, and restaurants. Energy Efficiency Rating D. Council Tax Band D.

Entrance Hall
Wall mounted electric heater.

Open Plan Kitchen/Living/Dining Area (6.31m x 4.15m)

Kitchen Area
Range of wall and base units with roll edge worktop surfaces incorporating stainless steel sink unit with mixer tap, electric hob and oven, washing machine and dishwasher, integrated fridge and freezer.

Living/Dining Area
Double glazed windows, wood effect flooring, wall mounted electric heater.

Bathroom (3.12m x 1.17m)
Panel bath with shower above, pedestal wash basin, WC, tiled flooring, part tiled walls.

Bedroom One (8.93m x 3.00m) MAX
Double glazed window, fitted wardrobe, wall mounted electric heater.

Ensuite Shower Room (2.30m x 2.02m)
Shower in tiled cubicle, wash hand basin, WC, part tiled walls.

Bedroom Two (3.10m x 2.73m)
Double glazed window, wall mounted electric heater.

Leasehold Information
We have been advised the remaining term on the lease is approximately 101 years (2026). The service charge is £3772.66 per annum approximately, and a ground rent of £200 per annum. Please note we have not inspected the head lease.

Material Information
This property is managed by Living Spaces.
Tenure: We have been advised the property is leasehold.
Council Tax: Band D. Authority; Newcastle City Council. For current rates please visit new.newcastle.gov.uk/council-tax/council-tax-explained/council-tax-bands
Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property. Heating is via electric heating.
Broadband: Follow the link to check broadband providers and speeds; broadbandcheck.co.uk
Mobile Phone Coverage: Follow the link to check mobile signal for all networks; signalchecker.co.uk
Parking: There is an allocated parking bay available for this property which requires a parking permit and a fob.

You would need to instruct your solicitor to review the lease for any restrictive covenants, we have not been advised of any at the outset of marketing. Please note the lease can be made available upon request.
Floorplan 1

Location

EPC

epc

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