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40 Whitehall Street, South Shields, Tyne And Wear, NE33 4SX

  • Unconditional Online Sale
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 1

Description

Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction, this two bedroom instant rental investment.

Perfect for any investor, this well presented first floor two bedroom flat is currently tenanted at £475PCM, yielding 12.66% on the advertised Guide Price.

The layout briefly comprises entrance vestibule with stairs to first floor, large light lounge, modern fully fitted kitchen, bathroom with corner shower, two well proportioned bedrooms and rear stairs to yard with gated access.

Located in South Shields, with endless doorstep amenities, excellent transport links and good schooling, this property has it all. With an impressive yield and an attractive Guide Price, this is not to be missed! Viewings strictly by appointment only.

EPC rating C.

For more information, please contact Moovd directly.

Entrance Vestibule - Stairs to first floor.

Lounge - 2.88m x 3.39m (9'5" x 11'1") - Double glazed window to rear, radiator, laminate flooring.

Kitchen - 4.47m x 2.00m (14'7" x 6'6") - Fitted with a range of base and wall units, contrasting work surface, single stainless steel sink with tap, wall mounted boiler integrated electric oven and hob, splash back tiling, spotlights, loft access, laminate flooring, double glazed window.

Bathroom - Corner shower, pedestal hand basin, low level WC, ladder towel rail, double glazed frosted window, vinyl flooring.

Bedroom 1 - 2.75m x 3.62m (9'0" x 11'10") - Double glazed window, radiator, laminate flooring.

Bedroom 2 - 3.64m x 1.72m (11'11" x 5'7") - Double glazed window, radiator, laminate flooring.

External - Stairs from rear of property down to rear yard with gated access.

Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process.

Option A - Online Unconditional Auction:

The above property is being offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting of £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. 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.

Council Tax Band

A

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Office Contact

Lyndsay Lowes
0191 9097020

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