Guide price
£35,000
(£101/sq. ft)
1 bed flat for saleKearsley Close, Seaton Delaval NE25
1 bed
1 bath
1 reception
345 sq. ft
EPC Rating: D
About this property
Good investment opportunity
Convenient Location
Ground floor Apartment
Open plan Lounge/Kitchen
Bathroom with shower over bath
One double bedroom
Currently tenanted for £495pcm
Currently lets the garage for £80pcm
Double Glazed
Yearly maintenance charge £807.76
This property presents an excellent investment opportunity, with a potential rental income of £495 per calendar month, alongside an additional £80 per month for the garage. This combination offers a promising return on investment, making it an attractive option for those looking to expand their property portfolio.
Situated in a good location, this apartment is close to local amenities and transport links, providing easy access to the surrounding areas. Whether you are looking to make this your new home or seeking a lucrative rental investment, this one-bedroom ground floor apartment on Kearsley Close is not to be missed.
This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter. Interested parties personal data will be shared with the Auctioneer (iamsold).
The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 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 4.5% 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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Open Plan Kitchen/Lounge (5.44m x 2.82m (17'10 x 9'3))
Living Room
Bedroom (3.63m x 2.26m (11'11 x 7'5))
Bathroom
Garage
ML Estates Ltd endeavour to maintain accurate descriptions of properties in Virtual Tours, Brochures, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection. All rooms have been measured with electronic laser and are approximate measurements only. None of the services to the above property have been tested by ourselves, and we cannot guarantee that the installations described in the details are in perfect working order.
ML Estates for themselves, the vendors or lessors, produce these brochures in good faith and are a guideline only. They do not constitute any part of a contract and are correct to the best of our knowledge at the time of going to press. Pictures may appear distorted due to enlargement and are not to be used to give an accurate reflection of size. All negotiations and payments are subject to contract.
The Tenure of the property should be clarified by your legal representative prior to exchange of contracts.
Mortgage calculator
£175 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (949 years)
Service charge
£808 per year
Council tax band
A
Ground rent
Ground rent date of next review



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