Sold for £170,000
A modern 3 bedroom / 2 bathroom detached house with garage, let producing £10,200 pa.
Addendum:
03/12/2020 - The property is leasehold. Lease term 125 years from 1st January 2007
Description/Location
The house is situated in the popular West Allotment development. Currently let on an Assured Shorthold Tenancy Agreement for £850 per calendar month, now in periodic status. Northumberland Park Metro Station 0.2 miles Shiremoor Metro Station 0.7 miles Palmersville Metro Station 1.2 miles
Tenure
Freehold
Local Authority
North Tyneside Council
Viewing
Church Investments on 01344 550459
Accommodation
Rent
Current rent £10,200 per annum
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*Guide Price & Reserves
Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.
Property Information
Important Notes for Auction Bidders REGISTER TO BIDGet in touch
Email [email protected] or call us on 020 7871 0420