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2 bedroom flat for sale
86 Curzon Place, Gateshead NE8 2ES
£90,000
86 Curzon Place, Gateshead NE8 2ES
£90,000
Our Summary
- For sale by Unconditional Online Auction
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
Description
This two-bedroom duplex apartment in Gateshead is currently let and producing an annual income of £12,300, providing an 11%+ yield. The property is located within walking distance of Quayside and Newcastle City Centre, surrounded by amenities and services. The building benefits from secure intercom access, lift access, and an underground car park. The apartment is being sold as is, fully furnished, and is available through an unconditional online auction. The sale is subject to a 5% deposit and a buyer's fee of 4.8% of the purchase price. The property has a leasehold tenure with 125 years remaining, and the sale is subject to the terms of the lease. The guide price is not disclosed, but the reserve price will be within 10% of the guide price. Prospective buyers are advised to make independent enquiries prior to placing their bid.