Sold £30,000
- Flat
- 4 Bedrooms
- Tenure: Leasehold. The property is held on a 999 year lease from 17th July 1979 (thus approximately 958 years unexpired).
Call the team on 020 7625 9007 for more information
A Vacant Four Bedroom First Floor Flat. ERV of £7,778.68 per annum if Let at the Local Housing Authority Rate.
The property comprises a four bedroom first and second floor flat situated within a mid terrace building arranged over ground and two upper floors.
Tenure
Leasehold. The property is held on a 999 year lease from 17th July 1979 (thus approximately 958 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. Numerous green open spaces are also within close proximity. Transport links are provided by Newcastle rail station.
Accommodation
First Floor Reception Room Kitchen Two Bedrooms Bathroom with WC and wash basin Second Floor Two Bedrooms
Tenancy
The LHA rates for a 4 bedroom property in this postcode is £149.59 per week. Thus potential income of £7,778.68 per annum (source: https://lha-direct.voa.gov.uk).
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
