Lot 2 - 26 Newstead Court, Washington, Tyne And Wear, NE38 7PE
- Unconditional Online Auction Sale
- Guide Price* : £60,000
- Bedrooms: 3
- Bathrooms: 1
- Reception Rooms: 1
Description
Moovd offer For Sale via Option A – Unconditional Online Auction on 7th November 2024, this three-bedroom mid terrace in Glebe, Washington. Auction Fees Apply.
The accommodation on offer is an excellent BTL investment, as it’s sold with a sitting tenant and generates £650 PCM which is a 13% yield on the advertised Guide Price. Located in Glebe, Newstead Court is in immediate proximity to the Galleries shopping centre, close to local schools and the A1231 to Sunderland, A19 and A1.
The spacious ground floor living space briefly comprises: Entrance hallway with storage cupboard and staircase to first floor, recently fitted kitchen with a range of wall and base units and large rear lounge diner with patio door. To first floor is a landing space, large storage cupboards, family bathroom, separate W.C and three bedrooms. Externally is an enclosed rear garden with gated access. To the front of the accommodation is a driveway providing off street parking.
Priced to sell, viewings are considered essential to truly appreciate.
EPC rating D.
For more information, please contact Moovd directly.
Hallway - Accessed via composite door, X2 storage cupboards, staircase to first floor, double radiator and vinyl flooring.
Kitchen - 3.38m x 1.92m (11'1" x 6'3") - Fitted with a range of wall and base units contrasting work surfaces, 1 stainless steel sink and drainer unit with mixer tap over, splash back tiling, integrated electric hob, oven, plumbed for washing machine, UPVc double glazed window to front aspect and vinyl flooring.
Lounge - 4.80m x 4.38m (15'8" x 14'4") - UPVc double glazed window to rear, patio door, storage cupboard, dado rail and single radiator.
Landing - Open spindle banister and X3 storage cupboards
Bedroom 1 - 4.37m x 2.40m (14'4" x 7'10") - UPVc double glazed window to rear aspect, storage cupboard and single radiator.
Bedroom 2 - 3.22m x 1.70m (10'6" x 5'6") - UPVc double glazed window to front aspect and single radiator.
Bedroom 3 - 2.91m x 1.83m (9'6" x 6'0") - UPVc double glazed window to rear aspect and single radiator.
Bathroom - A white suite comprising: panelled bath with mixer tap shower over, vanity hand basin with storage cupboard under, cladding to walls, UPVc double glazed frosted window to front aspect, single radiator and vinyl flooring.
W.C - White low level W.C, UPVc double glazed frosted window to front aspect and vinyl flooring.
Externally - Hard standing via block paving, provides off street parking. Block paved rear enclosed garden with raised border.
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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Agreement Documents
- Option A - Moovd General Terms & Conditions – Online Unconditional Auction
- Option A - Moovd Amendments to Common Auction Conditions – Online Unconditional Auction
- Option A - Moovd Common Auction Conditions– Online Unconditional Auction
Additional Documents
Related Documents
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