Brancepeth Avenue, Grainger Park, Newcastle Upon Tyne

Auction Guide Price £99,950
Brancepeth Avenue 37-39 Newcastle Upon Tyne NE4 8EA UK
Brancepeth Avenue, Grainger Park, Newcastle Upon Tyne
Brancepeth Avenue 37-39 Newcastle Upon Tyne NE4 8EA UK
  • Auction Guide Price £99,950

Features

  • 5
  • 2
  • 2
  • Council Tax Band - A for each flat
  • EPC Rating C for each flat
  • First floor three bedrooms
  • Freehold
  • Gardens to front and rear and driveway
  • Ground floor two bedrooms
  • Investment opportunity
  • Pair of flats

Description

Investment Opportunity

For sale by auction is this pair of flats located in Grainger Park. Both properties are currently tenanted. The ground floor flat currently achieves £550pcm. The first floor flat currently achieves £650pcm.  We have had sight of the tenancy agreements.

The accommodation to the ground floor flat briefly comprises of hallway, lounge, kitchen, two bedrooms and bathroom. To the first floor flat there is an entrance with stairs leading to first floor landing, lounge, kitchen, three bedrooms and bathroom. Externally there is a patio and hard standing area to the rear, with space for off street parking.

The property benefits from double glazing throughout.

The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69.

Early viewing is recommended.

Council Tax Band: A for each flat
EPC Rating:  C for each flat

PRIMARY SERVICES SUPPLY
Electricity:  Mains 
Water:  Mains  
Sewerage:  Mains  
Heating:  Gas 
Broadband:  ADSL
Mobile Signal Coverage Blackspot:  No 
Parking:  On Street Parking 

MINING
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any.

TENURE
It is understood that these properties are registered as one Freehold title.  Should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.

For Sale by Auction: Thursday 30th January 2025
Option 1
Terms and Conditions apply

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+VAT (total £2400) Auction Administration Fee. 

Joint Agents: The Agents Property Auction Ltd

Terms and conditions apply see website www. Agents Property Auction. Com

Downloads

Property Documents

Energy Performance Certificate
Brochure

Overview

  • Residential, Sale
  • Property Type
  • 5
  • Bedrooms
  • 2
  • Bathrooms

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