£100,000
Studio flat for sale
Chopwell, Tyne and Wear NE17 7HY
studio Flat Property description
Auction Date Commencing on Monday 28th July at 1pm and ending 24 hours later on Tuesday 29th July at 1pm with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeastWorkshop To Be Sold With Vacant Possession.
Potential To Change Use To Residential.
Layout Allowing For Conversion Into Houses / Apartments.
Guide £100,000 - £150,000Interested buyers could take inspiration from the neighbours who converted the former site of Kings Cinema in 2002 to a stunning five bed detached residential house which was listed on the market for £575,000 back in 2023.
At the guide price, there is a good profit margin to be made for buyers looking at the plot as a residential development.
Chopwell lies in the heart of the Derwent Valley, nestled in the centre of a triangle between Newcastle, Hexham and Durham with the famous Chopwell Woods on its doorstep.Tenure: FreeholdEPC Rating: tbcAdministration Fee: £3600 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please register to bid via our website - auctionhouse.co.uk/northeastWorkshop To Be Sold With Vacant Possession.
Potential To Change Use To Residential.
Layout Allowing For Conversion Into Houses / Apartments.
Guide £100,000 - £150,000Interested buyers could take inspiration from the neighbours who converted the former site of Kings Cinema in 2002 to a stunning five bed detached residential house which was listed on the market for £575,000 back in 2023.
At the guide price, there is a good profit margin to be made for buyers looking at the plot as a residential development.
Chopwell lies in the heart of the Derwent Valley, nestled in the centre of a triangle between Newcastle, Hexham and Durham with the famous Chopwell Woods on its doorstep.Tenure: FreeholdEPC Rating: tbcAdministration Fee: £3600 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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First listed
Over a month agoChopwell, Tyne and Wear NE17 7HY
Marketed by
Auction House - North East 15 Beach Road South Shields, Tyne & Wear NE33 2QACall agent on 020 8115 2054
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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.
Chopwell, Tyne and Wear NE17 7HY - Streetview
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