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1 bed property, in 72 Neville Court, £5,000
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1 bed flat

72 Neville Court, Washington NE37 3DY
Auction
£5,000

Our Summary

  • FOR SALE VIA NATIONAL ONLINE AUCTION
  • Offered for sale by auction is this vacant one-bedroom flat, located in Sulgrave
  • meters of accommodation One-bedroom apartment Refurbishment opportunity Popular and well-connected location Vacant possession Investment Summary Rental income can be expected at approximately £500pcm, once renovated Resale value can be expected at approximately £50,000, once renovated Additional income from garage: £35 per calendar month Scope to increase rental income and letting of vacant units Asset management opportunity with value-add potential Attractive guide price reflecting condition Tenure: Leasehold Legal Pack: Available via the Auction House website Tenure: Leasehold Administration Fee: £3600 inc VAT payable on exchange of contracts

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Description

The vacant one-bedroom flat, located in Sulgrave, consists of an Entrance Hall, a Living Room, a Kitchen, a double bedroom, a Bathroom, and a Balcony. There is a separate garage available for rent at £35 per month. The property is approximately 65 square meters in size, has vacant possession, and is situated in a well-established residential area with access to local amenities, transport links, hospitals, and universities.