1 Bedroom Flat

East View, Morpeth , NE61 1UT

£55,000+

1 Bedrooms •1 Bathrooms •1 Receptions

Call Us: 01661 831 360

A great investment opportunity to purchase this one bedroom ground floor flat which we are advised has been let for the last 5 years at £375per month and is now available with vacant possession. We are also advised that upper flat is currently let as a holiday let and this could be one way of increasing the rental income. The property is located within close proximity of the local amenities on Morpeth’s main retail street, boasts double glazed windows, gas central heating and off street parking.

Property briefly comprises entrance lobby, living room, kitchen, bathroom/wc and bedroom. Externally there is a shared yard to the rear and a paved area to the front with drive offering off street parking.

EPC rating: D
Council Tax Band: A
Tenure: Leasehold. The term of the lease is 125 years from 20 September 1993. We are advised the ground rent is £10 per annum and they also arrange the insurance which is £75.36 per year from 1/4/22

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 30 June 2022 OPTION 1

Entrance Lobby
Part glazed entrance door and built in cupboard.

Living Room
Double glazed window to front elevation, radiator and built in understairs cupboard.

Bedroom
Double glazed double doors to rear yard and radiator.

Bathroom
Three piece suite comprising wash hand basin, low level wc, bath with shower over, extractor fan and radiator.

Kitchen
Range of wall and floor units with laminate worktop surfaces, built in oven and hob with extractor hood, plumbing for washing machine, sink unit and drainer, built in cupboard housing central heating boiler and radiator.

Externally
Shared yard to rear, paved area to front and paved drive to front offering off street parking.

Disclaimer 1
None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £1000+vat (total £1200) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
Detail awaiting vendors approval.

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