A Two Bedroom Ground Floor Flat Subject to an Assured Shorthold Tenancy Producing £4,500 per annum

The property comprises a two bedroom ground floor flat situated within a purpose built building arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a 250 year lease from 1st October 2006 (thus approximately 236 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities with the more extensive shopping facilities of Keel Row Shopping Centre very close by. The open spaces of Ridley Park are within easy reach as are Blyth Port, Blyth Hospital and the new £150m Narec Technology Park. Transport links are provided by Cramlington rail station approximately 3 miles away.

Accommodation

Ground Floor Reception Room/Diner Kitchen Two Bedrooms Bathroom with WC & wash basin

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 6 months commencing 26th July 2018 at a rent of £375 per calendar month (holding over).

Current Rent Reserved

Current Rent Reserved £4,500 per annum

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.