£65,000+ (Guide price)
3 Bedroom Block Of Flats,
Castle Terrace, Ashington
3 Bedrooms •2 Bathrooms •2 Receptions
Heaton Road, Newcastle Upon Tyne , NE6 1SA
£225,000+
4 Bedrooms •4 Bathrooms •1 ReceptionsLegal packs are provided only under Option 1 auction properties where you exchange contracts on the fall of the gavel. This property is offered for sale under Option 2 terms whereby the buyer places a £3000 deposit (that comes off the purchase price) and the £2400 including VAT administration fee. Contract papers are then sent to the buyers solicitor allowing 28 days to exchange contracts and a further 14 days to complete.
A great investment opportunity to purchase this mixed use commercial and residential unit generating an income of approx £22,340.16. We are advised the commercial unit is let until July 2024 at £475 pcm and a tenancy signed for the residential flat for 12 months from 1st August 2023 at £16,640.16 (awaiting sight of tenancy agreements). The residential unit offers good size accommodation with four ensuite bedrooms, kitchen and an additional cloak/wc and a yard to the rear.
EPC rating: E
Council Tax band: A
Tenure : Freehold
For Sale By Auction www.agentspropertyauction.com TAKING BIDS NOW OPTION 2
Entrance Hall
Part glazed upvc door, access door to shop and accommation.
Living Room
17’10 x 15’03
Double glazed window to rear elevation, radiator, built in cupboard, access door with stairs to first floor and access door to kitchen.
Kitchen
13’06 x 6’10
Range of wall and floor units with laminate worktop surfaces, gas range with extractor hood, tiled splashback, sink unit and drainer, plumbing for washing machine, radiator, two double glazed windows and part glazed upvc door to rear.
First Floor Landing
Cloak/wc
Low level wc and wash hand basin.
Bedroom One
10’9 x 11’02
Double glazed window to rear elevation, radiator and access to ensuite.
Ensuite
Low level wc, pedestal wash hand basin, bath with shower off taps, built in cupboard, built in cupboard housing central heating boiler, tiled floor, tiled splashback, heated towel rail and double glazed window to rear elevation.
Bedroom Two
13’04 x 10’09
Double glazed window to front elevation, radiator, access to ensuite.
Ensuite
Low level wc, pedestal wash hand basin, shower cubicle, tiled floor, tiled splashback, heated towel rail and double glazed window to front elevation.
Second Floor landing
Bedroom Three
16’0 x 11’09
Two skylight windows, radiator and access to
Ensuite
Low level wc, pedestal wash hand basin, bath with shower over and heated towel rail.
Bedroom Four
16’0 x 13’05 max restricted head height
Two skylight windows, radiator, access to ensuite.
Bathroom
Three piece suite comprising pedestal wash hand basin, bath and heated towel rail
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 £2000+vat (total £2400) 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.
Details awaiting vendors approval.
£65,000+ (Guide price)
3 Bedrooms •2 Bathrooms •2 Receptions