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Guide price
£120,000

5 bedroom flat for sale

16/18 Mitchell Street, Birtley
Auction
Added yesterday
Flat
5 beds
2 baths
Added yesterday

Key information

TenureAsk agent
Council taxBand A

Features and description

  • Fantastic Investment Opportunity
  • Surrounded By Amenities Within Birtley
  • Yearly Yield As A Pair £14,160
  • Sold With Current Tenancies In Situ
  • Reference : 476762
FOR SALE BY WAY OF ONLINE AUCTION - ON 31ST OF MARCH 2026. Terms and Conditions apply. See Agents Property Auctions Website for full details.

Whilst the six properties are available for individual purchase, there is also an opportunity to acquire the ENTIRE PORTFOLIO for a guide price of £450,000.

A pair of flats ideally located close to Birtley town centre, offering convenient access to a range of local amenities including shops, schools, and transport links. This property represents an excellent investment opportunity, currently fully tenanted and generating a combined monthly rental income of £1,180, with the lower flat achieving £650 per month and the upper flat £530 per month. Providing immediate returns, this is a ready-made addition to any investment portfolio.

The lower flat offers modern accommodation of hallway leading to two bedrooms, lounge and kitchen along with bathroom. Externally rear yard. The upper flat offers lounge, kitchen, bathroom and three bedrooms. Externally yard to rear.
GROUND FLOOR FLAT

ENTRANCE HALLWAY

BEDROOM ONE

BEDROOM TWO

LOUNGE

KITCHEN

BATHROOM

YARD TO REAR

FIRST FLOOR FLAT

ENTRANCE

FIRST FLOOR LANDING

BEDROOM ONE

BEDROOM TWO

BEDROOM THREE

LOUNGE

KITCHEN

BATHROOM

YARD TO REAR


Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000.00+VAT (total £2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. [use Contact Agent Button]
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 19/20 Mbps and a maximum download speed of EE, Three, O2 and Vodafone Mbps at this postcode: DH3 1ER and mobile coverage is provided by [INSERT PROVIDERS]. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on[use Contact Agent Button]
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: C
EPC Rating: C
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About this agent

Andrew Craig - Auctions
Andrew Craig - Auctions
582 Durham Road Low Fell NE9 6HX
01661 697892
Full profileProperty listings
Andrew Craig has a great selection of homes for sale and to rent across the North East. Use the simple search above to find your new home. We can take care of all of your property needs, including : sales, lettings, property management, auctions, conveyancing, surveys, commercial and more! With 12 branches across the region and a team of professional staff you can rely on Andrew Craig to get you moving.
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