Ethel Street, Benwell, Newcastle Upon Tyne

Auction Guide Price £65,000

Ethel Street 127 Newcastle Upon Tyne NE4 8QA UK

Ethel Street 127 Newcastle Upon Tyne NE4 8QA UK

Auction Guide Price £65,000

Features

Council Tax Band: A
EPC RATING D
First Floor Flat
Four Bedrooms
On street parking

Description

Offering for auction this four bedroom end terrace first floor flat which will appeal to those investors looking for a great return. The property was previously let at £877.02pcm (£10524 per annum) and has been refurbished and modernised. The ground floor flat is also available for sale by separate negotiation which was previously let at £631.80 giving a continued income of approx £18,105 per annum. The property benefits include double glazed windows, gas central heating and briefly comprises entrance hall, four bedrooms, living room, kitchen, rear hallway and bathroom.

EPC rating: D
Council Band: A
Tenure : Leasehold. The term of the lease is 999 years from 29 March 2023.

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 30 June 2025 OPTION 1

PRIMARY SERVICES SUPPLY
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Gas
Broadband: Fibre
Mobile Signal Coverage Blackspot: No
Parking: On Street Parking

MINING
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any.

RESTRICTIONS AND RIGHTS
Listed? No
Conservation Area? No
Restrictions on property? No
Easements, servitudes or wayleaves? No
Public rights of way through the property? No

RISKS
Flooding in last 5 years: No
Risk of Flooding: Zone 1
Any flood defences at the property: No
Coastal Erosion Risk: Low
Known safety risks at property (asbestos etc…): No

BUILDING WORKS
Any known planning permissions or proposals in the immediate locality: No
Outstanding building works at the property: No

ACCESSIBILITY
This property has no accessibility adaptations.

TENURE
It is understood that this property is leasehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser

For Sale by Auction: Monday 30th June2025
Bidding opens 24 hours prior at 10am.
Option 1
Terms and Conditions apply

Each 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 seller’s 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 £2000+VAT (total £2400) Auction Administration Fee.

Joint Agents: The Agents Property Auction Ltd

Terms and conditions apply see website www. Agents Property Auction. Com