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Key Features

  • Exceptional Investment Opportunity In A Popular Area
  • Five Separate Accommodations Over Three Floors !
  • Total Of 10 Bedrooms & 10 Bathrooms
  • Fantastic Views, Within Walking Distance To The Beach
  • South Shields Town Centre, Ocean Road & More Closeby
  • Sure To Appeal To A Variety Of Buyers - Property To Be In Demand
  • Low Maintenance Shared Outdoor Space With Views !
  • Reference : 472725

Property Description

An excellent opportunity to acquire five two bedroom apartments on Lawe Road, set within a highly desirable Coastal location boasting stunning Sea views to the front elevation.

Perfectly positioned in a central location, the property is within easy reach of the Town Centre, Ocean Road, Marine Park and a wealth of popular Seaside attractions, as well as an excellent range of shops, cafés and local amenities.

The block comprises three front facing apartments enjoying superb open views across the Coastline, together with two well proportioned duplex apartments to the rear. Four of the apartments are currently tenanted, providing an immediate rental income, whilst the top floor apartment is actively operating as a successful holiday let, offering further flexibility and income potential.

Externally, there are communal gardens to the front, creating an attractive approach to the building, along with bin storage and a yard area to the rear for added convenience.

This established block presents a strong and reliable ongoing investment opportunity, with scope for further development or enhancement subject to the necessary consents. With its prime Coastal setting, mixed rental income stream and long term growth potential, this is an ideal acquisition for serious investors seeking a well located and versatile Coastal asset.

ENTRANCE HALLWAYDoor into ground floor Apartment and stairs to first floor Landing.

GROUND FLOOR FRONT APARTMENT

ENTRANCE LOBBY

BATHROOM

HALLWAY

BEDROOM TWO

BEDROOM ONE

EN SUITE

LOUNGE

KITCHEN

FIRST FLOOR LANDINGAccess into front Apartment and Maisonette. Stairs to top floor.

FIRST FLOOR FRONT APARTMENT

ENTRANCE LOBBY

BATHROOM

HALLWAY

BEDROOM TWO

BEDROOM ONE

EN SUITE

LOUNGE DINER

KITCHEN

TOP FLOOR LANDING

FIRST FLOOR DUPLEX MAISONETTE

ENTRANCE HALLWAY

BEDROOM ONE

EN SUITE

STAIRS TO TOP FLOOR

BEDROOM TWO

BATHROOM

KITCHEN

LOUNGE DINER

TOP FLOOR FRONT APARTMENT

ENTRANCE LOBBY

BATHROOM

HALLWAY

BEDROOM TWO

BEDROOM ONE

EN SUITE

LOUNGE DINER

KITCHEN

BALCONY

ST AIDANS ROAD MAISONETTE

ENTRANCE LOBBY

HALLWAY

BEDROOM ONE

EN SUITE

BATHROOM

BEDROOM TWO

STAIRS TO FIRST FLOOR

LOUNGE DINER

KITCHEN

EXTERNALLY

EPC Rating For 28A: D
Energy Rating Current : 68
Energy Rating Potential : 76

EPC Rating For 28B: C
Energy Rating Current : 76
Energy Rating Potential : 78

EPC Rating For 28C: C
Energy Rating Current : 75
Energy Rating Potential : 83

EPC Rating For 28D: D
Energy Rating Current : 58
Energy Rating Potential : 64

EPC Rating For St Aidans: C
Energy Rating Current : 73
Energy Rating Potential : 88

Council Tax 28AThe GOV.UK website states the property is Council Tax Band: B

Council Tax For 28BThe GOV.UK website states the property is Council Tax Band: B

Council Tax For 28CThe GOV.UK website states the property is Council Tax Band: B

Council Tax For 28DThe GOV.UK website states the property is Council Tax Band: B

Council Tax For St AidansThe GOV.UK website states the property is Council Tax Band: B

Broadband and Mobile Coverage For 28AThe Ofcom website states the average broadband download speed of 10 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE332EX and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.

Broadband and Mobile Coverage For 28BThe Ofcom website states the average broadband download speed of 16 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE332EX and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.

Broadband and Mobile Coverage For 28CThe Ofcom website states the average broadband download speed of 10 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE332EX and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.

Broadband and Mobile Coverage For 28DThe Ofcom website states the average broadband download speed of 15 Mbps and a maximum download speed of 66 Mbps at this postcode: NE332EX and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.

Broadband and Mobile Coverage For St AidansThe Ofcom website states the average broadband download speed of 15 Mbps and a maximum download speed of 66 Mbps at this postcode: NE33 2EY and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.

TenureThe property is Freehold.
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.

Money Laundering RegulationsPlease note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.

Material InformationThe information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

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Location

Further Details

  • Status: Available
  • Council tax band: B
  • Tenure: Freehold
  • Tags: Balcony, Freehold
  • Reference: 472725

Stamp duty due

Based on a sale price of £710,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

10 bed end of terrace house for sale in Lawe Road, South Shields - Property floorplan
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