No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£55,000
Added > 14 days

2 bedroom flat for sale

Spencer Street, North Shields, Tyne and Wear, NE29 6RF
Auction
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Flat
2 bed
1 bath
EPC rating: E*
473 sq ft / 44 sq m

Key information

Tenure: Leasehold
Council tax: Band A
Broadband: Super-fast 201Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Electric
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold
  • Newly Refurbished To High Standard
  • Close to North Shields Town Centre
  • Attractive styled property
  • Ideal Investment £550-575 per cal month rental 10% NET yield
Pattinsons Estate agents are delighted to bring to the market this newly spacious, refurbished and beautifully presented 2 bedroomed en-suite flat in a highly sought after location on North Shields/Tynemouth border. It is extremely well priced and well laid out to suit investors, owner occupiers or sharing professionals and is within easy walking distance to north Shields town centre or under a mile to Tynemouth metro station and shops.

The accommodation of the property briefly comprises of the following: -Entrance hallway, Louunge, Cloakroom WC, large store area, two double bedrooms both with en-suite shower rooms and externally neatly finished front and rear gardens.

North Shields is a vibrant fishing town being so close to the coast and Newcastle provides ideal opportunity for those working in Newcastle town centre and within easy reach of Tynemouth and the heritage coastline.

North Shields enjoys beaches and parks, Quays and shopping, history and modern facilities. The public transport is excellent and includes the metro system, the local schools are highly sought after and the diverse scenery makes it attractive to retired couples, young couples, first time buyers and families.

Nearby Tynemouth town centre is under 1 mile to the east which is a playground for those that love the outdoor life, cafes, restaurants, wine bars and long walks by the sea!

The fabulous location and standard of the property are not to be missed and an early viewing is highly recommended.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 981
Annual Ground Rent Amount: £100.00
Ground Rent Review Period: tbc
Annual Service Charge Amount: £150.00
Service Charge Review Period: N/A

Rooms

Side of Property
The property has been finished with a smart pebble dashed render with tasteful painted stone effect window and door jambs. Spaces are available to park close by on Spencer street and the windows and doors are uPVC and double glazed.

Entrance Hallway 3.30m x 0.90m (10ft 9in x 2ft 11in)
A wide entrance hall greets you on entering the property with space to store shoes etc in a fitted bench. The flat is on 2 levels and still retains the original dado rail feature on the hallway walls. There is a modern electric panel radiator and the floors are fully carpeted throughout. The entrance hallway is also very well lit..

Living Room 4.10m x 2.90m (13ft 5in x 9ft 6in)
This spacious lounge has a uPVC double glazed window that faces the front of the property and is tastefully finished, There is space for a 3 seater sofa and arm chair, TV table and coffee table. The floors are fully carpeted throughout and a modern electric panel radiator.

Kitchen 3m x 1.80m (9ft 10in x 5ft 10in)
This sleek modern white fitted kitchen with marble effect roll top work top has been fitted to a good standard and encompasses, a built in oven and hob and space for a washing machine and fridge freezer. There is a window to the rear and wood effect herringbone vinyl flooring

Bedroom 1 4.90m x 2.30m (16ft x 7ft 6in)
This spacious bedroom faces the front of the property and benefits from a uPVC double glazed window. The room has space for a double bed, bedside table, wardrobe and chest of drawers. There is a modern electric panel radiator and the floors are fully carpeted throughout

Bedroom 2 4.10m x 1.40m (13ft 5in x 4ft 7in)
This room is of narrow proportions but still has space for a single bed chest of drawers/wardrobe or could work extremely well as an office and spare room. with sofabed. There is a a modern electric panel radiator, uPVC double glazed window to the side and the room is fully carpeted throughout.

Shower Room 1.90m x 0.90m (6ft 2in x 2ft 11in)
There is a shower room that leads off the hallway which includes a shower enclosure with electric shower over, corner pedestal sink and low level WC. The walls are a tasteful Carrara marble effect wet wall whilst the floors are wood effect herringbone vinyl flooring.

Front of Property
This well presented property is an attractive styled property which compliments the other Victorian properties in the road. The property is pebble-dash rended and off white painted

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.

Places of interest

    Our dedicated, fully focused and enthusiastic North Shields team have over 25 years’ experience. Our focus is to establish what is important to you and work together to achieve the desired result. Our aim is to provide a personal, friendly and excellent service making sure that every opportunity is taken to succeed. Our helpful staff have a wealth of knowledge and experience covering a wide range of areas around North Tyneside and can also assist you with all other requirements including Financial Advice and Conveyancing. 

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    *DISCLAIMER

    Property reference 440864. 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 Pattinson - North Shields.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 12, 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 12, 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 November 26, 2018 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.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.