210 Charles Street, Boldon Colliery, Tyne & Wear, NE35 9BJ
£35,000+
Residential
2
Key Features
- Long Leasehold first floor 2 bedroom flat let and producing £5,980 pa
- Well located between Newcastle and Sunderland off the A19
- Surrounded by a wealth of local amenities, ideal for investors
Part of the
8 December 2022
auction
The Nottingham Racecourse
at
2.30PM
Long Leasehold two bedroom first floor flat in the heart of Boldon Colliery subject to a tenancy for a term of 36 months at a rent of £5,980 per annum commencing from September 2022
- Located in Boldon Colliery between Newcastle & Sunderland
- Situated off the A19, a short distance from the A194(M)
- Near Cineworld, ASDA, McDonalds, Greggs & Tim Hortons
- Close to East Boldon Metro Station
- Within catchment of Boldon Primary and Secondary Schools
- Comprising a first floor flat in a traditional mid-terraced property
- Self-contained access from the roadside (parking along the street)
- FF: Reception, kitchen, 2 x bedrooms and family bathroom
- Currently let on an Assured Shorthold Tenancy
- Producing £5,980 per annum
- An ideal investment opportunity
- Not yet internally inspected by Auction Estates
Contact Auction Estates on 0115 7844600
Fees
A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Long Leasehold for a term of 125 years from 29th January 2007, subject to a peppercorn ground rent. Let on a 36 month tenancy at £5,980 per annum commencing from 20th September 2022
Refer to Legal Pack
Email: john@lawsonsolicitor.com
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