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3 bedroom apartment for sale
27 Coast Road, Wallsend, Tyne And Wear, NE28 8DA
£80,000
27 Coast Road, Wallsend, Tyne And Wear, NE28 8DA
£80,000
Our Summary
- Guide Price £80,000 Plus FeesFor sale by unconditional online auction, registration is now open
- For sale by online auction on 28 March 2024Bidding opens at 10:00am and closes from 12:00 noonTurn Key Investment £8,100 per annum - 10
- This is a fantastic turn key investment opportunity, with tenants paying £675 pcm (£8,100 pa), generating a brilliant yield of 10
- TenureLeasehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
Description
For sale by unconditional online auction on March 28, 2024, is a fantastic first floor, three-bedroom flat located on Coast Road in Wallsend. The property offers a turnkey investment opportunity, generating a yield of 10.12% against the guide price, with tenants paying £675 pcm (£8,100 pa). The flat features an entrance hall, open plan living kitchen, three bedrooms, and a family bathroom/WC, along with gas central heating and double glazing. The property is conveniently positioned for access to both the City Centre and the Coast, and the leasehold information is available in the legal pack. The auction will take place on March 28, 2024, and the purchaser will be legally bound to buy and the vendor will be legally bound to sell the property upon the fall of the hammer.