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3 bedroom terraced house for sale
35 Ferrisdale Way, Newcastle upon Tyne NE3 2SE
£73,000
35 Ferrisdale Way, Newcastle upon Tyne NE3 2SE
£73,000
Our Summary
- For sale on 29 May 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- A vacant three bedroom mid-terraced property offering great potential to an investor looking for a high yield and excellent return from their investment
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event 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)
- Auction: 29
Description
A vacant three-bedroom mid-terraced property is being sold at auction, offering a high yield and excellent return for an investor. The property has great potential, with a generous lounge, kitchen diner, and three bedrooms, as well as gardens to the front and rear. Located in an area with a shortage of buy-to-let properties, this property could generate a rental income of over £10,000 per year. The property is close to local amenities, shops, and public transportation, including Fawdon metro, and is within easy reach of Newcastle International Airport, the city center, hospitals, and universities. The property is being sold as a freehold with an EPC rating of C, and the auction will be broadcast online with live auctioneers. Bidders can register online, by phone, or by proxy, and the auction will commence at 9:00 am. A 5% deposit and a buyers' fee of 4.8% of the purchase price will be required, and the sale will be subject to SDL Property Auctions' buyers' terms.