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Property
Property description & features
A pair of one bedroom flats situated within a mid-terrace building at Dean Road, South Shields, Tyne & Wear. The properties are currenlty let on an Assured Shorthold Tenancy Agreements for £425pcm per flat producing a gross annual income of £10,200 per annum.
Auctioneer Comments - This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter. Interested parties personal data will be shared with the Auctioneer (iamsold).
The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.
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
Material Information - COUNCIL TAX: Band A (Both Flats)
PRICE: Starting Bid £55,000
TENURE: Long Leasehold
PROPERTY TYPE: Pair of Terrace Flats.
CONSTRUCTION: Traditional
BUILDING WORKS OUTSTANDING: None
RIGHTS AND RESTRICTIONS:
PARKING: On Street Only.
FLOOD RISK LEVEL: Zone 1
PLANNING PERMISSIONS AND DEVELOPMENT PROPOSALS:
PROPERTY ACCESSIBILITY AND ADAPTIONS: None
MINING AREA: Yes.
Location - The property is located on Dean Street in South Shields, Tyne & Wear. South Shields is a sizeable town situated on the North East Coast of England on the south banks of the River Tyne. Dean Street is a secondary retail and residential location approximately one mile south of the main town centre.
Description - The property is a two storey, three floor period mid-terrace. The ground floor is a retail unit. This is not included in the sale. Above there is a one bedroom first floor flat and a one bedroom second floor flat. Both flats are let on Assured Shorthold Tenancies for £425 pcm producing annual rent of £10,200 per annum.
Accomodation - Communal entrance, stairs and landings to the first and second floors. External stairs to rear.
First Floor Flat - Entrance Lobby.
Bedroom 2m x 4.2m
Lounge 4.1m x 4.2m
Bathroom/WC 2.8m x 1.5m
Kitchen 2.7m x 3.9m
Top Floor Flat - Entrance Lobby.
Bedroom 2.3m x 4.4m
Lounge 3.6m x 4.4m
Bathroom/WC 2.2m x 1.3m
Kitchen 4m x 3m
NOTE: Restricted head room to the lounge, kitchen and bedroom.
External - External stairwell. Shared yard to rear.
Tenure - Freehold.
Council Tax Band -
Energy Performance Certificate - The first floor flat currently has a rating of C(70).
The top floor flat currently has a rating of D(68).
Final Bids -
Property information from this agent
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Property reference 32991224. 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 R. A. Jackson & Son - North Shields.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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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
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