£50,000
2 bed flat for saleBrighton Road, Gateshead, Tyne And Wear NE8
2 beds
1 bath
1 reception
Auction
Leasehold
About this property
2 Bedrooms
Mortgage & Cash Buyers
Rare to Market – Ideal for Investors or First Time Buyers
This well-priced two bedroom property on Brighton Road presents an excellent opportunity for both investors and first time buyers.
The accommodation briefly comprises: Spacious living room, separate fitted kitchen, two bedrooms and a bathroom, with the added benefit of a rear yard.
Positioned close to local shops, amenities and excellent transport links into Gateshead and Newcastle City Centre, the location is highly convenient and popular with renters, making this a strong buy-to-let option with attractive yields. Equally, the property offers great value for those stepping onto the property ladder, providing a comfortable and affordable first home.
Additional benefits include:
Council Tax Band A – offering low ongoing costs
Leasehold with approx. 957 years remaining – peace of mind with a long lease term
With its competitive price point and broad appeal, early viewing is strongly recommended.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional
This well-priced two bedroom property on Brighton Road presents an excellent opportunity for both investors and first time buyers.
The accommodation briefly comprises: Spacious living room, separate fitted kitchen, two bedrooms and a bathroom, with the added benefit of a rear yard.
Positioned close to local shops, amenities and excellent transport links into Gateshead and Newcastle City Centre, the location is highly convenient and popular with renters, making this a strong buy-to-let option with attractive yields. Equally, the property offers great value for those stepping onto the property ladder, providing a comfortable and affordable first home.
Additional benefits include:
Council Tax Band A – offering low ongoing costs
Leasehold with approx. 957 years remaining – peace of mind with a long lease term
With its competitive price point and broad appeal, early viewing is strongly recommended.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional
More information
Tenure
Leasehold (956 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review
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