For Sale By Auction | 19:00, 30 July 2019 | Lot 13

1-02 Burgess House, St. James Boulevard, Newcastle Upon Tyne, Tyne And Wear, NE1 4BW

*Guide | £35,000 - £45,000 (plus fees)

  • Studio
  • Tenure: See Legal Pack

Call the team on 0191 908 9691 for more information

Auction Date

Tue 30/07/2019

Auction Time

19:00

Auction Venue

Ramside Hall Hotel Carrville, Durham, DH1 1TD

Studio Flat

Here is an excellent investment opportunity to purchase a studio apartment in a recently converted five storey student accommodation with secure entry system and concierge front desk with lift and stairs to all floors. The apartment features fully-fitted kitchen with integrated hob, microwave and extractor hood, space for small dining table and chair. There is a small study area with desk and chair and double bed with built in bedside table and cupboard. The shower room benefits from a white suite. Communal areas offer the tenant Entertainment lounge, laundry room, Gym facilities and secure bike storage. Property is let on a yearly basis by the management company and last year was let at £6,375.00 offering a superb potential yield of 15%.

Tenure

See Legal Pack

Services

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

Local Authority

Newcastle upon Tyne City Council

Solicitors

Butterworths, 3 Walker Terrace, Gateshead, NE8 1EB, Ref: Rebeckah West, Tel: 01914821152

Additional Fees

Administration Charge - £900 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.