Lot 8 - 140 Knoulberry Road, Washington, Tyne And Wear, NE37 1JN
- Unconditional Online Auction Sale
- Guide Price* : £60,000
- End Terraced House
- Three Bedrooms
- Double glazing and central heating
- Investment Property Let at £411pcm due to rise to £55pcm
ON BEHALF OF LPA RECEIVERS: Three bedroom end terraced house Let at £411pcm due to increase to £550pcm.
Description
A residential investment comprising a three bedroom end terraced house benefiting from double glazing and central heating (not tested). The property is Let at £4,932pa and the Receivers are seeking an increase to £6,600 per annum from March 2024.
Location
The property is located in the village of Blackfell close to local amenities including a number of schools.
Tenure
The property is held Freehold.
Accommodation
Ground Floor: Living Room, Kitchen/Diner and W.C
First Floor: Three Bedrooms and Bathroom
Outside
Rear garden.
Tenancies
The Receivers have not had sight of the Tenancy Agreement. It is understood the current rent is £411pcm and the Receivers have issued a Notice of Rent increase and will be seeking a rent increase to £550 pcm from the 20th March 2024.
EPC
Energy Performance Asset Rating - D
Council Tax Band
A
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.
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