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  • For Sale By Unconditional Online Auction
  • Guide Price* : £28,000+
  • Auction Ended 15/04/2020

119 Scarborough Road, Newcastle upon Tyne, Tyne and Wear, NE6 2RU

A Vacant Two Bedroom Ground Floor Flat. ERV of £5,385.12 per annum if Let at the Local Housing Authority Rate.

Location

The property is situated on a residential road close to local shops and amenities. Numerous green open spaces are also within close proximity. Transport links are provided by Newcastle Central and Manors rail stations.

Description

The property comprises a two bedroom ground floor flat situated within a mid terrace building arranged over ground and first floors.

Accommodation

Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom with WC and wash basin

Exterior

The property benefits from a rear yard

Tenure

Leasehold. The property is held on a 99 year lease from 27th January 1984 (thus approximately 63 years unexpired) at a peppercorn ground rent.

Tenancy

The LHA rates for a 2 bedroom property in this postcode is £103.56 per week. Thus potential income of £5,385.12 per annum (source: https://lha-direct.voa.gov.uk).

Administration Charge

There is a £200 holding fee payable to Auction House London included within the deposit amount.

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Sold for £30,000

This auction lot is now closed.

Auction Ended

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* Guide | £28,000+
  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold. The property is held on a 99 year lease from 27th January 1984 (thus approximately 63 years unexpired) at a peppercorn ground rent.
  • Unconditional (Immediate Exchange)

Call the team on 020 7625 9007 for more information

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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.