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Key Features

  • Saltwell Park Tennis, Football Courts, Parks, & Coffee Shops
  • Investment Opportunity With Tenant Sold In Situ
  • A Yearly Rental Return Of £7,980
  • All On One Level Living With Shared Yard To Rear
  • Surrounded By A Variety Of Amenities Within Gateshead
  • Reference : 487559

Property Description

FOR SALE BY WAY OF ONLINE AUCTION - ON 10TH OF DECEMBER 2026. Terms and Conditions apply. See Agents Property Auctions Website for full details. www.agentspropertyauction.com

Located towards the "park end" of Eastbourne Avenue is this two bedroom ground floor flat offering a ready made opportunity for the buy to let investor. The property is currently let at £665pcm with the tenant occupying the flat since 2012 and has verbally stated they wish to remain "long term". The property benefits include double glazed windows and gas central heating. The floorplan comprises of an entrance lobby into the hallway, there are two generous size bedrooms, a lounge which leads to the kitchen and a bathroom. Externally, there is a shared yard to rear. Call now to view !

ENTRANCE LOBBY

HALLWAY

BEDROOM ONE4.29m (14'1) x 3.66m (12'0)

BEDROOM TWO3.05m (10'0) x 2.13m (7')

LOUNGE4.27m (14'0) x 3.05m (10'0)

KITCHEN3.05m (10'0) x 2.13m (7')

BATHROOM

SHARED YARD

Auction DisclaimerEach auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a andpound;2000.00+VAT (total andpound;2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel: 01661 831 360

TenureWe 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.

Broadband and Mobile CoverageThe Ofcom website states the average broadband download speed of 6 Mbps and a maximum download speed of 1800 Mbps at this postcode: NE8 4NL and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.

Council TaxThe GOV.UK website states the property is Council Tax Band: A

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.

EPC Rating: E

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Location

Further Details

  • New Listing: Launched in the last 10 days
  • Status: Available
  • Council tax band: A
  • Reference: 487559

Stamp duty due

Based on a sale price of £55,000 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.

2 bed flat for sale in Eastbourne Avenue, Gateshead - Property EPC