2 Bed Terraced House, Cash/Bridging Only, Gateshead, NE8 3FL, £125,000

Churchill Road, Bishops Park Estate, Gateshead, NE8 3FL - 2 months ago

Leasehold
Cash
ROI: 5%
~60 m²
+14 photos

ValuationOvervalued











Investment Opportunity



































Property History

Price changed to £125,000

March 12, 2025

Listed for £135,000

January 23, 2025

Floor Plans

Description

  • Two Bedroomed Mid-Terraced House +

  • Modern Interior +

  • Downstairs Cloak/WC +

  • Approx. Floor Area: 60.46 sq m / 650.82 sq ft +

  • Council Tax Band A +

  • EPC RATING C +

Perfect for first time buyers or young families, this charming two bedroom home has been beautifully presented and finished to a high standard and is ready to move straight into.

Comprises: entrance hall, lounge with wood laminated flooring and feature fireplace, breakfast kitchen with built-in oven and hob, space for fridge/freezer, under stairs cupboard, utility with plumbing for washing machine and space for tumble dryer, cloaks /WC, door to rear yard. First floor landing with access to boarded loft space with light via pull down ladder, two double bedrooms and a part tiled bathroom/WC with shower over bath.

To the front of the property is a private gated garden which has been gravelled to offer a low maintenance outdoor space. To the rear of the property is a private garden which has been paved to provide a low maintenance space ideal for summer barbecues. This property also benefits from gated access to the rear of the property where the allocated parking space and bin storage can be found.

Gas central heating via combi boiler and double glazed windows.

The property is within 0.5 miles of both Gateshead Stadium and Felling Metro stations as well as being within easy commuting distance of the A167, Tyne Bridge and the A184. The property is also well placed for local school and is within the catchment area of the OFSTED outstanding Bede Community Primary School as well as being within a mile of the similarly rated Dryden School. The nearby shops, supermarkets and bus routes make this home ideal for anyone looking to commute into Gateshead or Newcastle.

We understand the property is on a 999 year Lease starting in March 2012 leaving approx. 986 years remaining at the time of listing. Ground rent is £150 a year in total, comprised of 2 payments of £75 (one in January and one in July) to Homeground. Estate management fee is paid to Kingston Property Services is charged at around £140 a year (These details need to be confirmed via solicitors).

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QLF240219/2

Agent Details

YOUR MOVE Chris Stonock, Low Fell

0191 625 1052

Next Steps?

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