We are instructed to sell on behalf of the Receivers this self-contained apartment situated within Stephenson House, a purpose-built residential block in North Shields.
The property is currently let at £600 per calendar month, with the tenant paying rent and stated to be up to date. Please note the tenant will not allow internal access for photographs or viewings, and the sale will therefore be made without vacant possession.
The apartment benefits from allocated parking and is well positioned close to local amenities, public transport links, and North Shields town centre.
This lot provides an attractive ready-made buy-to-let investment with an immediate rental return and potential to add value in the future (subject to gaining access and any necessary consents).
Key Features
-Modern apartment in purpose-built block
-Currently let at £600 PCM — income producing from day one
-Tenant stated to be paying and up to date with rent
-Allocated parking space
-Close to local shops, transport, and North Shields centre
-Sold as seen – no internal access available
Important Information
-The sale is on behalf of the Receivers.
-No internal viewings or access for photographs are available.
-Buyers should rely on their own enquiries regarding the accommodation and tenancy details.
Auctioneer’s Note
An ideal investment opportunity offering immediate rental income and long-term potential in a well-connected location.
Tenure: Leasehold
EPC Rating: C
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
£3,600 inc vat payable upon the fall of the virtual gavel
Call the team on 0191 908 9691 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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