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2 Bed Flat, Cash/Bridging Only, Cramlington, NE23 6LE £50,000

Cairnsmore Close, Cramlington, NE23 6LE - 6 months ago
  1. Deal Search
  2. Cramlington
  3. NE23
  4. NE23 6LE
Sold STC
Leasehold
Cash
ROI: 2%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Cramlington
  • More Deals in NE23
  • More Cash/Bridging Only Deals
  • More Cash/Bridging Only Deals in Cramlington
  • More Cash/Bridging Only Deals in NE23

Property History

Listed for £50,000

June 11, 2025

Description

  • Two Bedrooms +
  • First Floor Flat +
  • Sold With Tenant +
  • Collingwood Grange +
  • Popular Residential Area +
  • Investment Opportunity +
  • Cash Purchase Only +
  • Garage In Block +
  • Low Lease +
  • Leech Flat +

* COLLINGWOOD GRANGE - TWO BEDROOMS- FIRST FLOOR FLAT - BUILT BY LEECH HOMES - GARAGE IN BLOCK - FRONT GARDEN - POPULAR RESIDENTIAL AREA - CASH PURCHASE ONLY DUE TO LOW LEASE - TO BE SOLD WITH A SITTING TENANT - INVESTMENT OPPORTUNITY *

We welcome to the sales market this two bedroom first floor flat, situated in this popular area of Cairnsmore Close, Collingwood Grange, Cramlington. The property is close to all local amenities, schools shops, industrial, medical, leisure and restaurants along with good access all major road links, with ample bus links.

Cramlington is a popular town located within easy commuting distance of the Tyneside conurbation. The shopping on offer in Cramlington is large and varied, with national supermarkets and chain stores clustered around the Manor Walk Shopping Development , which also features a cinema and leisure centre . Cramlington was planned as a new town and features interconnected footpaths and cycle paths throughout, connecting the various estates and multitude of green spaces. Cramlington also has excellent schools including the Cramlington Learning Village, doctors surgeries, sports clubs, public houses and restaurants as well as Cramlington train station.

The property is being sold with a tenant in situ and has been living in the property since 2013 and currently pays £500 p.c.m.

The property briefly comprises ; entrance hallway. stairs to first floor landing, spacious lounge, kitchen with breakfast bar, two bedrooms and bathroom featuring a white suite.

The property has modern electric heaters and UPVC double glazing.

Externally to the front is a lawned garden and a single garage is located in a block within close proximity to the property.

We have been advised that the property is Leasehold and has the original lease of 99 years from 1st March 1964 with an annual ground rent of £15 per annum. We recommend confirmation is sought from your solicitor upon an offer being accepted.

To arrange a viewing please contact the Cramlington branch.

EPC Rating: E

Agent Details

Mike Rogerson Estate Agents, Cramlington

01670 332963

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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