Available by public online auction on 30th May 2024.
INVESTMENT OPPORTUNITY - TWO FLATS SOLD TOGETHER- POTENTIAL MONTHLY RETURN £1000 pcm.
Two spacious flats both with uPVC double glazing and gas central heating (via combi. boilers), with accommodation comprising: ground floor flat - entrance lobby with understairs cupboard, two bedrooms, living room, fitted kitchen leading to the rear lobby and into bathroom and additional storage cupboard. Door to the side leading to small rear yard. First floor flat comprises - entrance lobby with stairway, landing leading to bathroom, two bedrooms, living room, fitted kitchen leading to the rear lobby with rear staircase leading to the yard.
The 999-year 'Tyneside' lease title to the flat commenced in 1990.
Beverley Terrace is situated behind Medomsley Road within Consett town centre, close to shops and amenities - including the Consett Academy Secondary School and the Leisure Centre - and also close to Consett Park. There are major road links to the regional centres of Newcastle and Durham, which are both within 15 miles.
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (Total £2400) Auction Administration Fee. OPTION 1.
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