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3 bedroom ground floor flat for sale
Ethel Street, Benwell, Newcastle Upon Tyne
£65,000
Ethel Street, Benwell, Newcastle Upon Tyne
£65,000
Our Summary
- A fantastic investment opportunity to purchase this upgraded modernised three bedroom end terrace ground floor flat with the upper flat available by separate negotiation
- For Sale By Auction 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
- 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 reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell
- 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
Description
This is a fantastic investment opportunity to purchase a modernized three-bedroom ground floor flat with the option to purchase the upper flat by separate negotiation. The property has been previously let out at approximately £631.80 and negotiations to renew are ongoing. The property features double glazed windows, gas central heating, and modern fitments in the kitchen and bathroom. The property is leasehold with a 999-year lease from 2023 and is located in a desirable area with easy access to primary services, including mains electricity, water, and gas. The property also benefits from fibre broadband and on-street parking. The property is being sold by auction with a guide price and a reserve price, and the successful buyer will pay a £2400 auction administration fee.