Lot 1 - 4 Shrewsbury Terrace, South Shields, Tyne And Wear, NE33 4LF
- Unconditional Online Auction Sale
- Guide Price* : £50,000
- 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 ground floor flat on the 7thMay 2026.
Perfect for any rental investor, this well presented flat is currently tenanted at £425PCM or £5,100 per annum, yielding 10.20% on the advertised Guide Price.
The layout briefly comprises entrance vestibule, hall, bedroom 1 to front, 2nd bedroom to rear, lounge, kitchen, rear lobby and family bathroom W.C. Externally is an enclosed rear yard.
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.
Porch -
Hall -
Bedroom 1 - 4.80m x 4.39m (15'8" x 14'4") -
Bedroom 2 - 3.05m x 2.76m (10'0" x 9'0") -
Lounge - 4.10m x 3.64m (13'5" x 11'11") -
Kitchen - 3.12m x 2.64m (10'2" x 8'7") -
Rear Lobby -
Bathroom Wc -
Externally -
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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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
Legal Documents
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