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"FOR SALE BY WAY OF ONLINE AUCTION ON 30TH OF APRIL 2025 OPTION ONE. Terms and Conditions apply. See Agents Property Auctions Website for full details.

Ideal Investment or First Time Buy Opportunity Approx. 10% Yield Potential

Located on a popular estate in Jarrow, this spacious first floor flat is an excellent choice for Buy to Let investors or first time buyers. Offering an estimated yield of around 10% based on the guide price , the property is ready to move into, yet offers a blank canvas for further personalisation or improvement. The floor plan includes an entrance lobby with stairs to the first floor landing, a spacious lounge, double bedroom, breakfasting kitchen with a range of wall and base units and a recently refitted bathroom. Externally lies a private rear garden.

Well supported by main transport links including bus routes and Metro services, with strong rental potential and excellent connectivity, this is a fantastic opportunity not to be missed.
ENTRANCE
Double glazed door into Lobby.
LOBBY
Stairs to the first floor Landing.
FIRST FLOOR LANDING

LOUNGE 4.14m 13 7 x 3.78m 12 5
Double glazed window and radiator.
KITCHEN BREAKFAST ROOM 4.11m 13 6 x 2.36m 7 9
Base units with worktops over, stainless steel sink unit with mixer tap, integrated oven and hob with extractor, part tiling to walls, radiator, tiling to floor and two double glazed windows.
BEDROOM 3.76m 12 4 x 2.77m 9 1
Double glazed window and radiator.
BATHROOM
Panelled bath with shower over and shower screen, pedestal hand wash basin, low flush W.C., part tiling to walls and double glazed window.
EXTERNALLY
Private garden to rear.
Auction Disclaimer
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000.00 VAT total £2400.00 Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel
Tenure
The property is Leasehold with a term of 125 years from 30th January 2006.
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 2 Mbps and a maximum download speed of 1000 Mbps at this postcode NE32 4JW and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you ll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You ll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating TBC"