Guide price

£29,000

1 bed flat for sale
Arcadia, Ouston, Chester Le Street DH2

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Chain free
Auction
Leasehold
Added on 06/03/2026

About this property

  • Property Reference: EB1494

  • Vacant & chain - free property

  • 1 bedroom

  • Ground rent only £50 per annum

  • Rental potential £450 pcm

  • Ready to move into

Property Reference: EB1494

This Property is Being sold by Modern Auction.

**cash buyers only Offered via Modern Method of Auction.

Tenure: Leasehold

EPC: D

Council Tax: A

Parking: On street parking

Available to purchase with the benefit of no onward chain is this well presented and nicely positioned one bedroom upper floor flat. Located in what has traditionally been a sought after development, the property benefits from uPVC double glazing. The floorplan comprises: Entrance lobby, lounge, kitchen, bedroom and a bathroom.

Arcadia is situated in Ouston within very close access to schools, shops and amenities and is only a short drive into Birtley and Chester-le-Street town centre. The A1(m), Newcastle upon Tyne and Chester le Street train station are also within easy access. Viewing is considered essential to fully appreciate the accommodation on offer.

Auctioneers Comments:

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 £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 4.50% 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.’

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Monthly repayment

£145 per month

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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 (Ask agent)

  • Service charge

  • Council tax band

    A

  • Ground rent

    £50

  • Ground rent date of next review

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