>
38 Barrasford Street, Wallsend, Tyne... 2 bed apartment for sale
38 Barrasford Street, Wallsend, Tyne and Wear NE28 0JZ
£25,000
38 Barrasford Street, Wallsend, Tyne and Wear NE28 0JZ
£25,000
Our Summary
- Auction Date Commencing on Monday 01st September at 1pm and ending 24 hours later on Tuesday 02nd September at 1pm with Auction House North EastPlease Register to bid via our website - auctionhouse
- Investment Opportunity
Description
This two-bedroom apartment in Willington Quay is being sold at auction, with a guide price of £25,000 to £50,000. The property is currently let to a well-established tenant, achieving £425 per calendar month, which equates to £5,100 per annum. The flat is situated on Barrasford Street, with excellent communal routes to the A19 Tyne Tunnel and local shops and amenities nearby. The property features a spacious lounge/dining area, two bedrooms, kitchen, bathroom, and a rear yard. The lease has 962 years remaining, and the EPC rating is D. The property is being sold with an administration fee of £3,600 inc VAT payable on exchange of contracts, and any disbursements listed in the legal pack may become payable by the purchaser on completion.