2 Bed Flat, Cash/Bridging Only, Gateshead, NE8 4NG, £105,000

Windsor Avenue, Saltwell, Gateshead, NE8 4NG - 1 views - 2 months ago

Sold STC
Leasehold
Cash
ROI: 6%
~68 m²
+9 photos

ValuationOvervalued











Investment Opportunity



































Local Area Statistics

Population in NE8

32,358

Population in Gateshead

122,353

Town centre distance

1.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+64%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £105,000

January 31, 2025

Floor Plans

Description

  • Two Bedroom Ground Floor Apartment +

  • Ideal For First Time Buyers or Investors +

  • Modern Interior +

  • Approx. Floor Area: 72sqM or 774.9sqFT +

  • Council Tax Band A +

  • EPC RATING D +

Stunning ground floor apartment with modern interior and two double bedrooms. Ideal for first time buyers and investors.

Convenient access to Saltwell Park, local amenities and facilities as well as for access to transport routes and services.

Similar homes in the area let between 700pcm and 800pcm.

Comprises: entrance lobby with internal door to hallway, large double bedroom to front, lounge with fire place and storage cupboard, double bedroom to rear, kitchen with integrated electric oven and induction hob, space for fridge/freezer and plumbing for washing machine. Modern white suite and fully tiled bathroom with shower attachment over bath and towel rail.

Gas heating system via combi boiler and double glazing.

Enclosed shared rear yard with newly fitted fence and gate.

We understand the flat is on a Tyneside Lease of 999 years from March 1983 leaving approx. 657 years remaining at the date of listing with no ground rent or service charges payable (Full details will be confirmed by 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.

QLF250020/2

Agent Details

YOUR MOVE Chris Stonock, Low Fell

0191 625 1052

Next Steps?

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