1 bed flat for sale

Avalon Drive, Newcastle Upon Tyne NE15

Summary

To be sold via online auction (24/10/2025 12:20) fees apply.

Pattinson are delighted to present this attractive 1-bedroom apartment for sale, ensconced in the bustling heart of Newcastle, Newcastle upon Tyne. This tenanted investment property is currently let at 475 pcm. Contributing to an appealing yield, making it a fantastic opportunity for a savvy investor.

The apartment boasts one well-proportioned bedroom, substantial enough to comfortably accommodate a double bed and additional bedroom furniture. The reception room is an inviting space, oozing natural light and warmth, providing a perfect setting for entertaining or relaxation.

The property falls under Council Tax Band A, assuring prospective buyers of reasonable council tax contributions. With an EPC rating of D, the property provides a worthwhile potential for enhancing its energy efficiency in order to reduce running costs and improve environmental footprint.

This apartment is situated in Newcastle upon Tyne, one of the UK's most dynamic cities, celebrated for its melding of history and contemporary lifestyle, with an array of amenities all within striking distance.

In summary, this 1-bedroom apartment delivers an excellent residential sale opportunity, especially for those looking to broaden their investment portfolio. We highly recommend early viewings to fully appreciate what's on offer.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 976
Annual Service Charge Amount: 840.00

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 7.2% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.