Skip to main content Menu Skip to footer

1 bed flat for sale

£40,000 Guide price

Police Houses, Churchill Street, Wallsend NE28

1
Interested in this property? Call 0191 686 9844 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • EPC Grade D
  • Buy To Let Investment
  • Sold With Ongoing Tenancy
  • One Bedroom Flat
  • Close To Metro Station
  • Auction Property

Property description



*** one bedroom flat *** ground floor *** generous size property *** close to town center *** ideal investment ***

This generously sized one bedroom flat is located on the popular Vine Street, in the heart of Wallsend. Sold with an ongoing ast the property generates £3900 per anum giving a potential yield of 9.75%. This stunning terraced property is generously sized offering a wealth of potential as well as having retained much of its period charm. Ideally located for transport links including regular bus services, Metro links to Newcastle city centre as well as the coast and access to the Tyne Tunnel, A1058 and A19. To arrange a viewing please call Your Move Wallsend. EPC Grade D. A copy of the EPC will be available on request.

Location

Within easy distance of Wallsend High Street this property benefits from a wealth of local amenities and shops. Ideally located for transport links including regular bus services, Metro links to Newcastle city centre as well as the coast and access to the Tyne Tunnel, A1058 and A19.

Our View

This deceptively spacious property is generously sized and offers a wealth of potential. This property would suit anyone looking for an investment. We recommend viewings to appreciate the size of the property on offer.

Auction

For sale by conditional auction, starting bid: £40,000 + reservation fee. Need a mortgage? Come and speak to our financial advisor! This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. Upon close of a successful auction or if the vendor accepts an offer during the auction, there is no fee taken by the auctioneer however the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT ( £1,000.00) = ( £6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Your Move powered by iam-sold Ltd.

Entrance Hall

Master Bedroom (2.67m x 3.91m)

Living Room (4.17m x 4.39m)

Kitchen (2.24m x 2.59m)

Rear Lobby

Bathroom

External

Important note to purchasers:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

/3

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £119,072 Sales 494 Current average value £122,173 (Zoopla Zed-Index) Value change £6,443 ▲ 5.57%

Property value data/graphs for NE28

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £219,498 £177 3.4 £197,765
Semi-detached £135,807 £153 2.8 £132,146
Terraced £112,075 £130 2.8 £105,951
Flats £75,510 £111 2.1 £69,112

Current asking prices in NE28

Average: £101,658
Avg. current asking prices in NE28
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £78,995
(1)
£104,555
(22)
£125,600
(44)
£234,475
(10)
£160,000
(1)
Flats £54,350
(11)
£72,468
(62)
£74,488
(8)
£99,975
(2)
£99,975
(2)
All £56,404
(12)
£80,872
(84)
£117,736
(52)
£212,058
(12)
£119,983
(3)

Current asking rents in NE28

Average: £449 pcm
Avg. current asking prices in NE28
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £496 pcm
(7)
£589 pcm
(13)
- -
Flats £377 pcm
(8)
£429 pcm
(74)
£439 pcm
(9)
- £598 pcm
(1)
All £377 pcm
(8)
£435 pcm
(81)
£528 pcm
(22)
- £598 pcm
(1)

Fun facts for NE28

Highest value in NE28
Highest value streets Zed-Index
The Swallows £300,223
Hyde Park £286,972
The Covers £282,279
Hadrian Wynd £258,223
Holland Park £252,536
Highest turnover in NE28
Highest turnover streets Turnover
Bridgewater Close 45.5%
Burn Avenue 45.5%
Roman Court 42.9%
Redcar Road 40.9%
Mutual Street 38.5%

What Zoopla users think of Wallsend

Overall rating:

  • currently 3.5 stars
Good - 74% (78 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Wallsend:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Heworth (2.9 miles)
  • Manors (3.3 miles)
  • Newcastle (3.9 miles)
  • Newcastle Airport (7.3 miles)
  • Durham Tees Valley Airport (33.5 miles)
  • Leeds Bradford International Airport (78.0 miles)
  • Newcastle International Ferry Terminal (3.1 miles)
  • North Shields Ferry Terminal (3.4 miles)
  • South Shields Ferry Terminal (3.5 miles)

Nearby schools

View all schools in North Tyneside
  • Richardson Dees Primary School (0.2 miles)
  • Carville Primary School (0.5 miles)
  • Wallsend St Peter's CofE Aided Primary School (0.5 miles)
  • Groundwork South Tyneside and Newcastle (1.0 mile)
  • Tyne Metropolitan College (1.3 miles)
  • Gateshead College (3.2 miles)
  • Burnside Business and Enterprise College (0.4 miles)
  • Walker Technology College (1.0 mile)
  • Sir Charles Parsons School (1.1 miles)
Note: Distances are straight line measurements

Local info for North Tyneside

About the neighbours in NE28

AskMe Q&A for North Tyneside

Ask a question

See all AskMe Q&A in North Tyneside

For more information about this property, please contact
Your Move - Wallsend, NE28 on 0191 686 9844 * (local rate)

Monthly running costs Beta

£305 Monthly total
Mortgage
Purchase price
Deposit (10%) 4,000
Repayment term 25
Interest rate 0.5
Your payment £127 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £11/mo (£135/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £20 Electricity £25 Estimated energy cost £45/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6300 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

North Tyneside

Estimated tax band A Council tax cost £99 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £10 Sewerage £13 Estimated water cost £23 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Your Move - Wallsend about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Your Move - Wallsend, and do not constitute property particulars. Please contact Your Move - Wallsend for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

26 more properties like this

View all Police Houses new homes for sale