2 bedroom flat for sale
Collingwood Court, Washington NE37
flat
bedrooms
Property photos
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Property description
Introducing this leasehold two-bedroom flat investment located at 159 Collingwood Court in Washington, Tyne and Wear. This property is ideal for buy-to-let landlords looking to expand their portfolio.
The accommodation includes a spacious reception room, kitchen, bathroom, and two bedrooms. With uPVC double glazing and gas central heating, this flat offers comfort and convenience. The lounge measures 19’0 x 14’6, the kitchen 10’6 x 5’9, bedroom 1 11’0 x 11’0, and bedroom 2 10’9 x 10’0.
The leasehold tenure extends 125 years from April 1986, with 88 years remaining. Ground rent is £10 per annum, and the service charge is £1000 per annum. The property is currently vacant, previously generating an income of £5,160.00 per annum.
Located in Washington, a historic town in the City of Sunderland district of Tyne and Wear, this property offers a rich heritage as the ancestral settlement of the Washington family, from which George Washington descended. Situated between Chester-le-Street, Gateshead, and Sunderland, residents can enjoy easy access to various amenities and attractions.
Buyer's premium applies under the fall of the hammer, with the purchaser required to pay a 10% deposit and a buyer's premium of 2% of the sale price, minimum of £4,000 + VAT upon exchange of contracts. When registering to bid, two forms of ID (passport, driving licence) are required to comply with the Anti Money Laundering Act.
Don't miss the opportunity to view this fantastic investment property in Washington. Contact us for more details and to arrange a viewing.
The accommodation includes a spacious reception room, kitchen, bathroom, and two bedrooms. With uPVC double glazing and gas central heating, this flat offers comfort and convenience. The lounge measures 19’0 x 14’6, the kitchen 10’6 x 5’9, bedroom 1 11’0 x 11’0, and bedroom 2 10’9 x 10’0.
The leasehold tenure extends 125 years from April 1986, with 88 years remaining. Ground rent is £10 per annum, and the service charge is £1000 per annum. The property is currently vacant, previously generating an income of £5,160.00 per annum.
Located in Washington, a historic town in the City of Sunderland district of Tyne and Wear, this property offers a rich heritage as the ancestral settlement of the Washington family, from which George Washington descended. Situated between Chester-le-Street, Gateshead, and Sunderland, residents can enjoy easy access to various amenities and attractions.
Buyer's premium applies under the fall of the hammer, with the purchaser required to pay a 10% deposit and a buyer's premium of 2% of the sale price, minimum of £4,000 + VAT upon exchange of contracts. When registering to bid, two forms of ID (passport, driving licence) are required to comply with the Anti Money Laundering Act.
Don't miss the opportunity to view this fantastic investment property in Washington. Contact us for more details and to arrange a viewing.
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Council tax
First listed
2 weeks agoEnergy Performance Certificate
Collingwood Court, Washington NE37
Marketed by
Palace Auctions - South Shields 65 Long Row South Shields, Tyne & Wear NE33 1JAPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Collingwood Court, Washington NE37 - Streetview
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