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Chesterton, Newcastle ST5 2 bed terraced house for sale
Chesterton, Newcastle ST5
£65,000
Chesterton, Newcastle ST5
£65,000
Our Summary
- Guide Price £65,000-£95,000 Plus FeesFor sale by unconditional online auction, registration is now open
- For Sale by Online Auction on 10 December 2025Mid Terrace2 BedroomsInvestment OpportunityTenanted£550 pcm/£6,600 paClose to Shops and Amenities*Guide Price £65,000-£95,000*We are pleased to offer for sale by auction, this 2 bedroom mid terrace property, which is currently let at £550 pcm/£6,600 pa, which equates to a 10% yield based on the lower guide price
- TenureFreehold 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 online auction on December 10, 2025, is this 2-bedroom mid-terrace property, currently tenanted at £550 pcm/£6,600 pa, offering a 10% yield based on the lower guide price of £65,000-£95,000. The property is situated close to local shops and amenities, and the current tenant is in situ, providing a steady income stream. The property is being sold with a freehold tenure, and the auctioneer has not internally inspected the property. The buyer will be required to pay a 10% deposit and a buyer's administration fee of £1,200 + VAT upon the fall of the hammer, with contracts exchanged and a completion period of 28 days. Registration is now open, and interested buyers can find more information and register to bid on the Town & Country Property Auctions website.