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2 bedroom apartment for sale
25 Stephenson House, Stephenson Street, North Shields, Tyne and Wear NE30 1QA
£40,000
25 Stephenson House, Stephenson Street, North Shields, Tyne and Wear NE30 1QA
£40,000
Our Summary
- Auction Commencing on Monday 10th November at 1om and ending 24 hours later on Tuesday 11th November at 1pm with Auction House North East Please register to bid via our website - auctionhouse
- This lot provides an attractive ready-made buy-to-let investment with an immediate rental return and potential to add value in the future (subject to gaining access and any necessary consents)
- Auctioneer’s Note An ideal investment opportunity offering immediate rental income and long-term potential in a well-connected location
Description
This auction listing is for a self-contained apartment in North Shields, currently let at £600 per calendar month, providing an immediate rental return. The property is situated in a purpose-built block with allocated parking and is close to local amenities, public transport links, and North Shields town centre. The tenant is stated to be up to date with rent payments, but no internal viewings or access for photographs are available. The sale is being conducted by Auction House North East, and the property is being sold as seen, with no vacant possession. The buyer will need to rely on their own enquiries regarding the accommodation and tenancy details. The property is being sold on behalf of the Receivers, and the sale is subject to the usual auction terms and conditions, including an administration fee of £3600 inc VAT payable on exchange of contracts.