2 bed terraced house for sale

Mason View, Seaton Burn, Newcastle Upon Tyne NE13

Nestled on the picturesque and leafy Mason View, this beautifully presented two-bedroom terraced cottage perfectly combines period charm with contemporary living.

This property presents an exceptional investment opportunity, currently generating a rental income of £900 per month. With a rental yield of approximately 9%, it offers strong returns and excellent value for investors.

For sale by Modern Method of Auction: Starting Bid Price £100,000 plus Reservation Fee
This property is for sale by The Great North Property Auction powered by iam-sold.

The property enjoys a peaceful and desirable setting surrounded by green spaces, while remaining close to an excellent range of local amenities. Further shops, cafes, and facilities can be found nearby in Gosforth, and convenient public transport links together with major trunk roads provide easy access across the region, including to Newcastle city centre.

Internally, the accommodation has been tastefully finished throughout. The bright and airy lounge offers ample space for both relaxing and dining, creating a warm and welcoming atmosphere. The stylish kitchen and breakfasting room features modern fitted units, integrated appliances, and access to the rear. The bathroom is finished to a high standard with a contemporary suite, while two well-proportioned bedrooms offer comfortable and versatile accommodation. Feature doors throughout enhance the home’s cottage-style character, and a boarded loft with fitted hatch and fixed ladder provides excellent additional storage.

Externally, the property benefits from a private yard to the front, offering off-street parking, and a stunning South-Westerly facing rear garden with both patio and lawned areas-perfect for outdoor dining or simply enjoying the afternoon sun.

Tenure
The agent understands the property to be freehold. However, this should be confirmed with a licenced legal representative.

Council Tax band: A

Lounge (5.44 x 4.61 (17'10" x 15'1"))

Kitchen Diner (2.44 x 5.35 (8'0" x 17'6"))

Bedroom One (2.80 x 3.05 (9'2" x 10'0"))

Bedroom Two (2.16 x 2.48 (7'1" x 8'1"))

Auctioneer's Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.