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Property for sale
16-25 Old Eltringham Court, Prudhoe, Northumberland, NE42
£10,000
Our Summary
- Key FeaturesLot 143 for sale by auction on 16/04/2025To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers websiteArranged to provide Ten self-contained Flats Subject to a Head Lease with approximately 106 years remainingNext Rent Review in 2031 and then every 25 years thereafter (See: Additional Information)Each Flat benefits from a Demised Parking SpaceLessees benefit from use of a Communal GardenKey LocationsThe property is situated on the north side of Old Eltringham Court, at the end of the roadPrudhoe offers a range of local shops and amenitiesPrudhoe Rail Station is within walking distanceThe A69 is nearby which provides links to Newcastle upon TyneHighfield Park is to the south westAdditional InformationGround rent set to increase from £8000 p
Description
This property, Lot 143, is a collection of 10 self-contained flats situated on Old Eltringham Court, Prudhoe. The flats are arranged to provide a demised parking space and benefit from a communal garden. The property is subject to a head lease with approximately 106 years remaining, with the next rent review scheduled for 2031 and every 25 years thereafter. The flats are located near Prudhoe Rail Station and the A69, which provides links to Newcastle upon Tyne. The ground rent is set to increase from £8,000 per annum to £16,000 per annum for the remainder of the term, starting from 2106.