2 bedroom ground floor flat for sale
Key information
Property description & features
- Tenure: Leasehold (99 years remaining)
- Fitted Kitchen
- Near South Shields Beach
- Near Viking Shopping Centre
- Popular Location
Investment Potential with a Potential 13.2% Yield:
With its location and features, this property presents an appealing investment prospect. You could easily turn this property into a long-term home for a tenant while bringing in an amazing rental yield.
Prime Location Close to The Viking Shopping Centre and South Shields Beach:
The property is within walking distance of the popular shopping centre and is close to the Jarrow Hall Anglo-Saxon Village Museum as well as being only a 10 minute drive South Shield Beach front.
Recently Refurbished:
This property has undergone a recent refurbishment, ensuring a fresh and updated look throughout. The modern refurbishment adds value to the property, making it even more appealing to potential tenants or future buyers. The recent improvements contribute to the overall attractiveness and desirability of the house.
When you enter the property you are greeted by a bright living room, and a modern tiled kitchen with ample cupboard storage. There are also two bedrooms, one spacious double bedroom, and one single bedroom which could be used as a home office. You also have one family bathroom complete with a bath and overhead shower.
This flat is located near many local amenities such as the Viking Shopping Centre and South Shields Beach as well as, schools, shops, takeaways, and other everyday necessities.
Early viewing is highly recommended.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Council Tax Band: A (South Tyneside Council)
Tenure: Leasehold (99 years)
Ground Rent: £15 per year
Places of interest
See more properties like this:
*DISCLAIMER
Property reference RS0300. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by NGU Homes - Gateshead Sales.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 11, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 11, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on January 15, 2024 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.