Sold

GUIDE PRICE £160,000 - £170,000

Current rent £10,200 per annum

14 Cloverfield

West Allotment, Newcastle upon Tyne, Tyne and Wear, NE27 0BW

Lot 59

Detached - Houses
Sold for £170,000

A modern 3 bedroom / 2 bathroom detached house with garage, let producing £10,200 pa.

Addendum:

03/12/2020 - The property is leasehold. Lease term 125 years from 1st January 2007

Description/Location

The house is situated in the popular West Allotment development. Currently let on an Assured Shorthold Tenancy Agreement for £850 per calendar month, now in periodic status. Northumberland Park Metro Station 0.2 miles Shiremoor Metro Station 0.7 miles Palmersville Metro Station 1.2 miles

Tenure

Freehold

Local Authority

North Tyneside Council

Viewing

Church Investments on 01344 550459

Accommodation

Ground floor : Entrance hall, kitchen/dining room, living room, cloakroom First floor: 3 bedrooms, en-suite, further bathroom Outside: Garage, gardens

Rent

Current rent £10,200 per annum

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.