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A First Floor Two Bedroom Flat Subject to an Unknown Occupancy
The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and first floors.
Tenure
Leasehold. The property is held on a 999 year lease from 28th September 1998 (thus approximately 973 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Long Sands Beach are within easy reach. Transport links are provided by Whitley Bay rail station and the A193.
Accommodation
First Floor Two Reception Rooms Kitchen Two Bedrooms Bathroom
Exterior
The property benefits from a private rear garden.
Tenancy
Auction House London have been informed that the flat is occupied. The seller has informed us they are receiving a rental income of £520 Per Calendar Month (£6,240 Per Annum).
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
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.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.