Lot 12 - 29 Ellen Court, Jarrow, Tyne And Wear, NE32 3NH
- Unconditional Online Auction Sale
- Guide Price* : £30,000
- Two Bedroom Flat
- Located on the 8th floor
- Investment Property Let at £433.33pcm
- On site car parking
- Town centre location
ON BEHALF OF LPA RECEIVERS: Two bedroom flat Let at £433.33pcm.
Description
A residential investment comprising a two bedroom flat located on the 8th floor within a purpose development. There is lift access to all floors. The property is currently Let at £5,200 per annum.
Location
The property is located within Jarrow Town Centre and just a short walk from Jarrow Viking Shopping Centre and Jarrow Bus & Metro Interchange for direct travel to Newcastle City Centre, South Shields and connections to Sunderland City Centre and the coast. Road links are also nearby for travel via the A1, A19 and Tyne Tunnel.
Tenure
The property is held Leasehold for a term of 125 years from the 9th September 1996. The ground rent is £10 per annum and the service charge for 2022 to 2023 was £1,273.40. See Legal Pack for further information.
Accommodation
Hall, Kitchen, Lounge, Two Bedrooms and Bathroom/W.C
Outside
Communal car parking.
Tenancies
The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 7th October 2019 at a rent of £433.33pcm. Tenant is holding over.
EPC
Energy Performance Asset Rating - B
Council Tax Band
A
Lease Start Date
09/09/1996
Lease Duration
125 years (97 years unexpired)
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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