Vacant Two-Bedroom Leasehold Property – Excellent Investment or Owner-Occupier Opportunity
Offered for sale by auction with vacant possession, this spacious two-bedroom leasehold property presents an excellent opportunity for investors, landlords and owner-occupiers alike.
The accommodation is well proportioned throughout and extends to approximately 82 sq m (882 sq ft) according to the supplied floorplan. The property benefits from a particularly generous living/dining area with attractive wooden flooring and plenty of natural light, together with a fitted kitchen providing a good range of wall and base units.
The accommodation further comprises two bedrooms, including an impressive main bedroom with a large bay window, together with a fitted bathroom featuring a three-piece suite with shower over the bath. The property also retains a number of period-style features including decorative ceiling roses and offers excellent scope for a purchaser to further improve and personalise.
Situated on Malvern Street in South Shields, the property is conveniently positioned for a range of local amenities, shops and transport connections, while South Shields town centre and the wider coastline are within easy reach.
With no onward tenancy and vacant possession available, the property offers flexibility for purchasers looking for their next home, a refurbishment opportunity or an addition to a rental portfolio.
Tenure: Leasehold
EPC Rating: E
Occupancy: Vacant Possession
Accommodation: Two Bedrooms, Living/Dining Area, Kitchen & Bathroom
Approximate Floor Area: 82 sq m / 882 sq ft
An excellent auction opportunity offering spacious accommodation, vacant possession and scope to add value in a popular South Shields location.
Tenure: Leasehold
EPC Rating: E
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.