Situation
The property is situate on Ingleby Terrace, amongst other properties of a similar style, ideally located within close proximity to a local school, a wide range of amenities and offering good road and bus links to neighbouring towns such as Ashington, Bedlington and Morpeth. Access to the stunning Northumberland coastline at Cresswell, Druridge bay and Amble are under a 20 minute drive away.
Description
A wonderful opportunity to acquire this well proportioned family home, offered for sale in need of a full scheme of improvement works throughout being fire damaged throughout. The property presents an ideal opportunity for developers and investors alike, to add substantial value, or potentially create a HMO (subject to planning permission being obtained) with potential income circa £18,000 per annum. The property is located within an area of strong rental demand, with single lets expected to generate circa £650 pcm (£7800 per annum).
No internal inspection has been possible however accommodation is believed to comprise:
Living Room
Kitchen
Bathroom
Bedroom 1
Bedroom 2
Bedroom 3
Outside
Rear yard
Please note
The property is fire damaged and boarded closed. Auction House has not inspected the property internally. No viewings will be conducted due to health and safety concerns.
Material Information
Please copy and paste the link below into your browser for a full breakdown of material information for this property
mip.urls.addland.com/5emGc4si1Hgp2LJf4MSm5F
Tenure:
The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax:
The property falls within Northumberland Council – BAND A
Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
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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.
Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Call the team on 01427 616436 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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