1 Bedroom Flat - Purpose Built

Overhill Terrace, Gateshead , NE8 1TD

£55,000+

1 Bedrooms •1 Bathrooms •1 Receptions

Call Us: 01661 831 360

Investment opportunity: A one-bedroom, ground-floor flat located in Overhill Terrace, Gateshead. Sold with tenant in situ, paying £400pcm, this property offers immediate income and an ideal acquisition for buy-to-let investors. With convenient access to shops and local transport links. Externally there is a yard to the rear.

https://tour.giraffe360.com/3bb614aea0a54446a0ecdacdf48b67e8

Property details provided by Andrew Craig
EPC rating: C
Council Tax Band: A
Tenure: Leasehold. The term of the lease is 999 years from 16 October 1990 with a peppercorn rent.

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 30th September 2025 OPTION 1

HALLWAY

BEDROOM
3.79m (12’5) x 4.45m (14’7)

LOUNGE
3.81m (12’6) x 4.27m (14’0)

BATHROOM
2.11m (6’11) x 3.15m (10’4)

KITCHEN
2.21m (7’3) x 4.27m (14’0)

REAR YARD

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by AC. 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 £180 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.

Disclaimer 4
We are advised by the seller that the property has mains provided gas, electricity, water (very low risk of surface water flooding) and sewerage.

The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.

Ofcom website states the average broadband download speed of 7Mbps and the fastest package of 1800Mbps at this postcode: NE8 1TD and mobile coverage is provided by EE (good outdoor), Three (variable indoor and good outdoor), 02 (variable indoor and good outdoor) and Vodaphone (variable indoor and good outdoor)

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