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4 bedroom flat for sale
Ethel Street, Benwell, Newcastle Upon Tyne
£65,000
Ethel Street, Benwell, Newcastle Upon Tyne
£65,000
Our Summary
- Offering for auction this four bedroom end terrace first floor flat which will appeal to those investors looking for a great return
- 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 four-bedroom end-terrace first-floor flat is being offered for auction, appealing to investors seeking a great return. The property has been refurbished and modernized, with a previous rental income of £10,524 per annum. The flat benefits from double-glazed windows, gas central heating, and comprises an entrance hall, four bedrooms, living room, kitchen, rear hallway, and bathroom. The property is leasehold, with a 999-year lease from 2023, and is located in a region with a rich mining heritage, so a mining search is recommended. The property does not have any known accessibility adaptations, and the tenure must be verified by a legal adviser. The auction will take place live online on June 30, 2025, with a guide price and reserve price, and the successful buyer will pay a £2,400 auction administration fee.