---

2 bed Flat For Sale £60,000
Portland Street, Pelaw, Gateshead NE10


Description
Ideal investment or first time buy

for sale by online auction ending 28th October 2022. The property is sold under unconditional auction terms and conditions.

Available for sale tenanted or with vacant possession is this spacious ground floor flat with yield of just under 8% for investors. Boasting a generous lounge, modern kitchen and bathroom and two bedrooms as well as having a private rear yard. Conveniently located for access to a local metro station as well as for access to bus services and transport routes which provide excellent commuter links to the surrounding areas.

Entrance Hall

Accessed via a double glazed entrance door and having an understairs cupboard for storage and a central heating radiator.

Lounge (4.51m x 3.98m)

A generous reception room with a double glazed window to the rear elevation and a central heating radiator. There is a focal point feature fireplace set to the chimney breast.

Kitchen (3.36m x 2.31m)

A modern kitchen presented with a range of wall and base units with work surfaces over, tiled splash back surrounds and incorporates a stainless steel sink with drainer. The kitchen has a double glazed window, houses the central heating boiler and offers space for the inclusion of a free standing cooker, fridge/freezer and an automatic washing machine. A door leads out to the rear yard and there is a central heating radiator.

Bathroom

Equipped with a white suite including a panelled bath, low level wc and a pedestal hand wash basin. The bathroom has part tiled walls, a central heating radiator and a double glazed window.

Bedroom One (4.93m x 3.92m)

A spacious master bedroom with a double glazed window to the front elevation and a central heating radiator.

Bedroom Two (3.44m x 2.33m)

A second double bedroom with a double glazed window and a central heating radiator.

External

A private enclosed yard lies to the rear with gate to the rear for access to the rear service lane.

Terms & Timescales

This property is being sold subject to unconditional purchase premium auction terms and conditions. Immediate exchange of contracts. Completion must take place within 28 days.

Legal Pack

A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) which contributes towards the overall purchase price of the property.
The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £2,400 inc VAT. This does not form part of the purchase price.

More Information

For further information please contact our auction department on or email

Online Auction Notice

I hereby acknowledge and confirm the following:
Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
The auction will continue to run if there is a bid within 10 minutes of the closing time. After 10 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This (truncated)

Follow the link for more information:
        
zoopla.co.uk

  
Email notifications
If we find new offers or listing price updates in category 2 bed Flats For Sale you will receive an email alert.


Search




- + Search

Request removal
Impressum