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No longer on the market

This property is no longer on the market

EPC

1 bedroom terraced house

Auction
Terraced house
1 bed
1 bath
409
EPC rating: E
Added > 14 days

Key information

TenureFreehold
Council taxBand A
Mobile signal
EEO2ThreeVodafone

Features and description

TO BE SOLD VIA AUCTION!! FEES APPLY.

Introducing a fantastic buy-to-let investment opportunity that promises steady returns and hassle-free ownership. This charming 1-bedroom, 1-bathroom terrace house is nestled in a tranquil neighborhood and comes complete with a reliable long-term tenant currently paying £400 per month.

Situated in a peaceful residential area, this property offers a perfect blend of serenity and convenience. Nearby amenities, schools, and transport links make it highly appealing to a range of potential tenants.

The property is currently occupied by a dependable long-term tenant who pays £400 per month, ensuring a consistent and reliable income stream for the savvy investor.

With a manageable size and low-maintenance requirements, this property is an excellent choice for those seeking an investment that won't burden them with excessive upkeep costs.

The current rental income demonstrates the property's strong rental demand in the area. Additionally, potential for future rental increases and property appreciation make it a wise choice for long-term capital growth.

This property represents an exceptional investment opportunity for those looking to grow their real estate portfolio or start their journey in the buy-to-let market. With a reliable tenant in place, favorable location, and potential for future growth, this 1-bedroom terrace house offers a secure and promising addition to any investment portfolio.

Don't miss out on this chance to secure a hassle-free investment with a proven track record of rental income.

Contact us today to arrange a viewing and discover the long-term benefits this property can offer to your investment portfolio.[use Contact Agent Button].

Council Tax Band: A
Tenure: Freehold

Rooms

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 inquiry, bid or viewing of the subject property will require your details to be 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 by, 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 and 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 lot subject to any special conditions detailed in the legal pack. 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.

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About this agent

Pattinson - Washington
Pattinson - Washington
The Galleries Washington NE38 7SD
0191 686 1581
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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