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Full details for 2 Bedroom Property For Sale in Gateshead

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Description



PUBLIC NOTICE - We advise that an offer has been made for the above property in the sum of £57,000. Any persons wishing to increase on this offer should notify Agent of their best offer prior to exchange of contracts best offer prior to exchange of contracts

Ground floor flat that can be sold with a tenant in-situ OR with vacant possession i.e. to an owner occupier.

Tenant is currently paying £500pcm giving a gross yield of 8.57% against the asking price.

The flat has a valid EPC until March 2034 at Grade D, Gas Safety Certificate until April 2025 and EICR expires out in April 2029.

We understand the flat falls into Council Tax Band A and is on a Lease of 999 years from December 1990 leaving approx. 965 years remaining at the date of listing. We understand no service charge or ground rent is payable (Full details will be confirmed by solicitors).

Comprises: entrance lobby, hallway with under stairs cupboard, front double bedroom, rear bedroom, lounge, kitchen, bathroom.

Private rear yard.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QLF240125/2
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