For Sale By Auction | 08:45, 12 March 2024 | Lot 42

15 Stephenson Street, Gateshead, Tyne And Wear, NE8 4XJ

Sold £46,000

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold. The property is held on a 999 year lease from 10th September 2004 (thus approximately 980 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Tue 12/03/2024

Auction Time

08:45

Auction Venue

Live Stream

Viewing Times:

Thu 29 Feb

11:00-11:30

Tue 5 Mar

11:00-11:30

Sat 9 Mar

11:00-11:30

Mon 11 Mar

11:00-11:30

A Vacant Ground Floor Two Bedroom Flat. ERV: £5,684.64 Per Annum (Source: LHA Rate)

The property comprises a ground floor two bedroom flat situated within a mid terrace building arranged over ground and first floors.

Tenure

Leasehold. The property is held on a 999 year lease from 10th September 2004 (thus approximately 980 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Saltwell Park are within easy reach. Transport links are provided by Dunston rail station.

Accommodation

Ground Floor Reception Room Kitchen Two Bedrooms Bathroom

Tenancy

The LHA rate for a two bedroom property in the area is £109.32 per week (£5,684.64 per annum) (source: lha-direct.voa.gov.uk).

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.