The property comprises a two bedroom ground floor flat situated within a mid terrace building arranged over ground and first floors.

Tenure

Leasehold. The property is held on a 99 year lease from 27th January 1984 (thus approximately 63 years unexpired) at a peppercorn ground rent.

Location

The property is situated on a residential road close to local shops and amenities. Numerous green open spaces are also within close proximity. Transport links are provided by Newcastle Central and Manors rail stations.

Accommodation

Ground Floor Reception Room Kitchen Two Bedrooms Bathroom with WC and wash basin

Exterior

The property benefits from a rear yard

Tenancy

The LHA rates for a 2 bedroom property in this postcode is £103.56 per week. Thus potential income of £5,385.12 per annum (source: https://lha-direct.voa.gov.uk).

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - There is a £200 holding fee payable to Auction House London included within the deposit amount.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.