Sold for an undisclosed price

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A recently refurbished 2 bedroom ground floor flat (613 sq ft, source EPC) with private garden, let on an AST producing £495 pcm.

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Description/Location

Ideally situated close to South Tyneside Hospital as well as Stanhope Road with a range of local amenities, shops and transport links leading into South Shields Town Centre, Tyne Dock Metro Stop 0.3 miles. The property provides modern fixtures, double glazed windows and gas heating via radiators. The flat is let on a 12 month AST at a current rent of £495 pcm.

Tenure

Leasehold.

Local Authority

North Tyneside Council

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Entrance hall, sitting room, kitchen, bathroom, 2 bedrooms. Outside: Private garden to the rear. Energy Rating: E/55

Rent

Current Rental Value: £5,940 pa

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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.