Apartment 48 Stoddart Street, South... 2 bed flat for sale

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Apartment 48 Stoddart Street, South... 2 bed flat for sale

Apartment 48 Stoddart Street, South Shields NE34 0JS
£20,000

Our Summary

  • FOR SALE VIA NATIONAL ONLINE AUCTION ON MONDAY 16th JUNE AT 1PM WITH AUCTIONHOUSE
  • For sale by auction is this tenanted two-bedroom first-floor flat, in need of improvement
  • Please note: Auction House has not inspected the property internally
  • FOR SALE VIA NATIONAL ONLINE AUCTION ON MONDAY 16th JUNE AT 1 PM WITH AUCTIONHOUSE

Description

This tenanted two-bedroom first-floor flat is being sold via online auction on June 16th and is in need of improvement. The property has a living room, kitchen, two bedrooms, and a bathroom, and benefits from a rear yard and on-street parking. The current rental income is £5,200 per annum, which could be increased to £8,400 per annum. The property is located on Stoddart Street, with public transport links and road connections to Newcastle City Centre. The sale is being conducted on a "as is" basis, with no viewings permitted due to the tenant's occupation. The buyer will be responsible for an administration fee of £3,600 inc VAT and any disbursements listed in the legal pack.