2 bedroom property for sale
Key information
Features and description
- Tenure: Leasehold
- For Sale By 'Secure Sale' Terms & Conditions apply
- Property Portfolio
- Four flats Upper and Lower
- Wallsend and North Shields
We are pleased to offer to auction this property portfolio in the heart of North Tyneside.
The properties briefly compromise of four flats (both ground and first floor) panned across the Wallsend and North Shields area.
Laurel Street: First floor flat with two bedrooms, one double and one single. There is a private court yard at the rear.
Elsdon Terrace: First floor, 2/3 bedroom flat (two double rooms, one single), bathroom and kitchen which were refurbished within the last year.
Victoria Crescent: First floor two bedroom flat, one double room and one small box room. Private court yard at the back.
Laet Street : Ground floor two bedroom flat (one double, one single room), shared yard.
Please note we have not inspected this property.
Rooms
Location
The subject properties span out from Wallsend to North Shields and are close to local amenities, transport links and well established High Streets. North Tyneside is bordered by Newcastle upon Tyne to the west, the North Sea to the east, the River Tyne to the south and Northumberland to the north. Within its bounds are the towns of Wallsend, North Shields, Killingworth, Tynemouth and Whitley Bay, which form a continuously built-up area contiguous with Newcastle upon Tyne.
Accommodation
8 Laurel Street: First floor flat with two bedrooms, one double and one single. There is a private court yard at the rear.
89 Elsdon Terrace: First floor, 2/3 bedroom flat (two double rooms, one single), bathroom and kitchen which were refurbished within the last year.
19 Victoria Crescent: First floor two bedroom flat, one double room and one small box room. Private court yard at the back.
28 Laet Street : Ground floor two bedroom flat (one double, one single room), shared yard.
Rental Income
19 Victoria Crescent: £110 per week
89 Elsdon Terrace: £450 per calendar month
28 Laet Street: £440 per calendar month
8 Laurel Street: £425per calendar month
Tenure
4x leasehold titles. Title numbers TY464525, TY202538, TY202087 & TY496165.
Council Tax
All flats band A.
EPC
All available upon request.
19 Victoria Terrace: Rating D
89 Elsdon Terrace: Rating C
28 Laet Street: Rating C
8 Laurel Street: Rating D
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.