No longer on the market
This property is no longer on the market
Map
Area statsResidential development
Features and description
- Portfolio of Three properties
- Investment Opportunity
- Prominent Position
- Choppington Location
The subject portfolio is three properties with a long leasehold. Two of the properties have sitting tenants and one is vacant.
This properties are all located on the same street on Woodhorn Drive and ideal investment for anyone looking for addition to portfolios.
Rooms
Location
The subject premises are located on Woodhorn Drive, Choppington. Choppington lies 2.5 miles East of Ashington and lies 16.3 miles west of Newcastle upon Tyne.
Accommodation
114 Woodhorn Drive - 1 x bedroom ground floor flat. NIA: 26.4m2 (284 sq ft).
138 Woodhorn Drive - 1 x bedroom ground floor flat. NIA: 26.5m2 (285 sq ft).
166 Woodhorn Drive - 1 x bedroom ground floor flat. NIA: 30m2 (323 sq ft).
114 Woodhorn Drive
Private Rented - tenant paying £325 PCM
Lease 66 years left
Annual Leasehold Management Fee - £986.18
Annual Ground Rent - £50 (TBC)
138 Woodhorn Drive
66 Year left on Lease
Vacant (ready to let)
Annual Leasehold Management - £952.84
Annual Ground Rent - £50 (TBC)
166 Woodhorn Drive
Tenanted - £300 PCM
Lease has 110 years remaining
Annual Leasehold Management Fee - £878.12
Annual Ground Rent - £106 (TBC)
EPC
114 Woodhorn Drive - D/59
138 Woodhorn Drive - E/46
166 Woodhorn Drive - D/59
Council Tax Band
114 Woodhorn Drive - Band A
138 Woodhorn Drive - Band A
166 Woodhorn Drive - Band A
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Area statistics
About this agent
