Lot 2 - 3 Wadham Terrace, South Shields, Tyne And Wear, NE34 0BU
- Unconditional Online Auction Sale
- Guide Price* : £72,500
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
Description
Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 15th May 2025 this well presented, two bedroom end terrace property. An instant rental investment, which is currently tenanted and let at £495 PCM, yielding 8.19% on the advertised Guide Price.
The layout briefly comprises entrance hallway with stairs to first floor, large light lounge, modern fully fitted kitchen, smart family bathroom and two well proportioned bedrooms. Externally is a larger than average front paved area, accessed via the rear lane and front gate. To the rear is a 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 D.
For more information, please contact Moovd directly.
Hallway - Door into further hallway with staircase to first floor.
Lounge - 5.00 x 4.32 (16'4" x 14'2") - UPVc double glazed window to front, radiator, storage cupboard.
Kitchen - 4.35 x 1.88 (14'3" x 6'2") - Door to rear yard, UPVc double glazed window to rear, fitted with a range of base and wall units with contrasting work surfaces, stainless steel sink with drainer unit and mixer tap, electric oven, hob and extractor, splash back tiling, plumbed for washing machine.
Landing - Staircase to ground floor.
Bedroom 1 - 3.96 x 3.79 (12'11" x 12'5") - UPVc double glazed window to front, radiator.
Bedroom 2 - 3.69 x 2.18 (12'1" x 7'1") - UPVc double glazed window to front, radiator.
Bathroom - UPVc double glazed frosted window to rear, modern white suite including paneled bath with shower over and glass shower screen, basin with under staorgae, WC, splash back tiling.
External - To front is large paved area, accessed from the rear lane and also front path via gate. To rear is a gated yard.
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 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 to £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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- 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
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