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3 Bed Flat, Cash/Bridging Only, Gateshead, NE8 3FD £115,000

Fleetwood Way, Bishops Park Estate, Gateshead, NE8 3FD - 6 months ago
  1. Deal Search
  2. Gateshead
  3. NE8
  4. NE8 3FD
Sold STC
Leasehold
Cash
ROI: 3%
~93 m²

ValuationFair Value

This may not be accurate, please check manually.

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Property History

Price changed to £115,000

August 7, 2025

Listed for £120,000

June 6, 2025

Floor Plans

Description

  • Three Bedroom First Floor Apartment +
  • Modern Interior +
  • Allocated Parking +
  • Approx. Floor Area: 72 sqM or 775.002 sqFT +
  • Council Tax Band A +
  • EPC RATING B +

Spacious first-floor flat offered with no onward chain.

Located in a popular area, the property is conveniently close to local amenities and within walking distance of Metro links.

Similar properties can be let for up to £950 pcm.

The property is being sold with vacant possession. It is currently rented to the owner's friend under a six-month agreement, which is due to end in September. The tenant has confirmed they will vacate the property at that time.

The property comprises a welcoming entrance hall that includes a convenient storage cupboard. To the front, there is a spacious lounge.

The kitchen/dining room features a built-in oven and hob, with additional space for a fridge/freezer and tumble dryer. There is also plumbing for a washing machine, making the space both functional and practical.

The accommodation offers three generously sized bedrooms. The bathroom is part-tiled and includes a WC, wash basin, and a shower over the bath.

Other features include combination gas heating system to combi boiler, double glazing, allocated parking bay and intercom entry system. The apartment can be accessed via stairs.

We understand the property is on a 125 year lease from March 2012 with a ground rent of around £62 every six months and a service charge around £181 per month (these details need to 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.

QLF240236/2

Agent Details

YOUR MOVE Chris Stonock, Low Fell

0191 625 1052

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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