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Property Listing Details

Property details

  • 3 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • EPC Rating - D
  • No onward chain
  • 2/3 Bedroom Flat
  • Ground Floor
  • Off Street Parking
  • Superb Potential
  • Viewing Required
  • Investment Potential

Listing view statistics

Last 30 days: 393 page views

Since listed: 1775 page views

Description

An excellent opportunity for the first time buyer or investor looking toward a potential rental income...

Description

Your Move welcome to the market this two/three bedroom ground floor flat. The property includes such features as gas central heating. The accommodation briefly comprises of two bedrooms, dining room/bedroom 3, a lounge, kitchen and bathroom. Externally there is a yard
to the rear and a driveway with off street parking to the front. Denton Burn is a popular estate located to the West of Newcastle city centre. The area enjoys a good range of local service including schools, shops, library, swimming pool and other recreational facilities. There are good transport
links into Newcastle city centre as well as both the A1 and A69 trunk road both close at hand. Available with no onward chain. Similar properties which have had updating carried out to them have been rented out £425.00 per calander month which represents a gross yield of 11.0%. Please speak to our Lettings team for more details.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. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, 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 prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information 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 Great North Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.

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.

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You could get

Superfast broadband Superfast broadband

Up to 100 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Blaydon 1.3 miles
  • MetroCentre 1.7 miles
  • St Bede's RC Primary School 0 miles
  • Broadwood Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Blaydon 1.3 miles
  • MetroCentre 1.7 miles
  • St Bede's RC Primary School 0 miles
  • Broadwood Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in NE15:

  • £84,295
  • Price increase

  • £972
  • (1.167%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £69,595
  • Properties sold

    26

Rental opportunities

Looking for an investment? The average rent for a 3 bedroom flat in NE15 is currently:

£520 pcm

Recent sales nearby

See all recent sales in NE15
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

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

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.

The Agent

Price history

Sold prices provided by Land Registry
5th Dec 2019 £25,000 Price reduced by £17,500
23rd Jul 2019 £42,500 Price reduced by £2,500
24th May 2019 £45,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Your Move - Chris Stonock. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Your Move - Chris Stonock for full details and further information.