72 Neville Court, Washington, Tyne And Wear, NE37 3DY

Offered for sale by auction is this vacant one-bedroom flat, located in Sulgrave. The property comprises an Entrance Hall, a Living Room, a Kitchen, a double bedroom, a Bathroom, and a Balcony. Situated in a well-established residential area, the property is conveniently placed for local amenities, transport links, plus hospitals and universities, making it an attractive prospect for both resale and rental markets. Key Features: Approx. 65 sq. meters of accommodation One-bedroom apartment Refurbishment opportunity Popular and well-connected location Vacant possession Investment Summary Rental income can be expected at approximately £500pcm, once renovated Resale value can be expected at approximately £50,000, once renovated Scope to increase rental income and letting of vacant units Asset management opportunity with value-add potential Attractive guide price reflecting condition Tenure: Leasehold Legal Pack: Available via the Auction House website Tenure: Leasehold Important Notice to Prospective Buyers We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Administration Charge Administration Fee is a non-refundable £3,600 inc VAT payable upon exchange…

From the Auction House North East listing. Read the full listing and legal pack →