4 Bedroom Block of Flats

Investment Opportunity – Two Tenanted Flats – Flat 1a Let at £700 per month (we are advised new tenants are moving in 2.7.22 at £750 per month and Flat 1b Let at £500 per month.

Located in a popular area with access to local shops, amenities and public transport links. The property is spacious and benefits from a Combi boiler and is fully double glazed. The accommodation is split into two separate properties under one title. The first floor has an entrance hallway, lounge, kitchen, bathroom and three double bedrooms. The second floor is split level, entrance into the kitchen, staircase leading to the bedroom, lounge and bathroom.

Local transport links, facilities & amenities include a broad range of shops, cafes and restaurants on Chillingham Road, and the Number 1 bus route is nearby as well as the Metro Station on Chillingham Road for fast access to Newcastle, North Tyneside, Airport and Coast. An ideal investment.

Property details provided by Rook Matthews Sayer
EPC rating: D
Council Tax Band: A
Tenure: Leasehold. The term of the lease is 999 years from 23 June 2008.
No Service Charge is payable.

For Sale By Auction www.agentspropertyauction.comTAKING BIDS NOW OPTION 1

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by RMS. 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.
Detail awaiting vendors approval.