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2 Bed Flat, Single Let, Newcastle upon Tyne, NE15 9PS £40,000

Hallow Drive, Throckley, NE15 9PS - 1 views - 2 months ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE15
  4. NE15 9PS
Leasehold
Auction
BTL
ROI: 21%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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  • More Deals in Newcastle Upon Tyne
  • More Deals in NE15
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  • More Single Let Deals in Newcastle Upon Tyne
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Property History

Price changed to £40,000

October 30, 2025

Listed for £45,000

October 10, 2025

Description

  • Top Floor Flat +
  • Two Bedrooms +
  • Kitchen +
  • Lounge +
  • No Onward Chain +
  • Bathroom/W.C +
  • Tenure: Leasehold, 99 years from 1st January 1988, Ground Rent: £282 per annum +
  • EPC Rating: C +
  • Council Tax Band: A +
  • For sale by auction +

For sale by auction - Live online Auction 30th October 2025 – Option 2

Presenting an excellent opportunity for first-time buyers and investors, this well-proportioned two-bedroom flat is now available for sale. Ideally located within reach of convenient public transport links and a host of local amenities, this property offers comfortable and practical urban living.

Upon entering the flat, you are welcomed by a generously sized reception room, providing a versatile space for relaxing or entertaining guests. The adjoining kitchen is well-suited to modern living. The property boasts two good-sized bedrooms and bathroom/W.C.

This attractive flat is particularly appealing to first-time buyers seeking a foothold in a desirable area, as well as investors aiming to expand their property portfolio. The close proximity to reliable public transport links ensures easy access to the wider city, while an abundance of nearby shops, cafes, and leisure facilities make day-to-day living especially convenient.

With its practical layout, sought-after location, and appeal to a range of buyers, this two-bedroom flat represents an exceptional opportunity. Viewing is highly recommended to appreciate all that this property has to offer. For further information or to arrange a viewing, please contact our agency today.

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+VAT (total £2400) Auction Administration Fee.

Joint Agents: The Agents Property Auction Ltd. Tel
Terms and conditions apply see
PRIMARY SERVICES SUPPLY
Electricity: Mains 
Water: Mains
Sewerage: Mains
Heating: Mains – Gas 
Broadband: Fibre to Cabinet 
Mobile Signal Coverage Blackspot: No
Parking: On street 

MINING 
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any.  

TENURE
Leasehold.  It is understood that this property is leasehold. Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 99 years from 1st January 1988 
Ground Rent: £282 per annum 

COUNCIL TAX BAND: A
EPC RATING:  C

Agent Details

Rook Matthews Sayer, West Denton

0191 625 0217

Next Steps?

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

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