1Bedrooms
1Bathrooms
0 sqmSize
Strategy: Portfolio
For Sale Via ""Modern Method of Auction""
Spacious 1-Bedroom First Floor Flat – Excellent Investment Opportunity, No Chain, Reliable Tenant in place.This well-presented first floor flat combines generous living space with a superb location, making it an attractive option for both homeowners and investors alike.Inside, the property features a large lounge with a bay window, creating a bright and welcoming living area, along with a modern fitted kitchen and access to gardens at the front and rear.Currently let to a reliable tenant, the flat generates an immediate rental income for investors, with the location ensuring consistently high demand. Being very close to the Queen Elizabeth Hospital makes this an especially strong rental opportunity, appealing to healthcare professionals and commuters alike.Located close to schools, local amenities, and excellent transport links, the property also offers strong long-term appeal for both tenants and future buyers. With no onward chain, it's ready to go straight onto your portfolio.Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by a relative of a member of staff within S&C Sales and Lettings ltd t/a Ewemove Consett & Lanchester.
Sourced reference: 166260149
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Sales Agent
Covering North East England
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