Auction Commencing on Monday 22nd September at 1pm and ending 24 hours later on Tuesday 23rd September at 1pm with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeastOne-Bed End Terrace – Full Renovation Project with Investment Potential
Open House Viewing (no need to book) - Wednesday 03rd September at 11am until 11:30am.For Sale by Auction – A one-bedroom end of terrace house in need of full renovation, offering excellent potential for refurbishment or redevelopment (subject to consents).
The property requires a comprehensive programme of works but provides a fantastic opportunity for investors, developers, or those seeking a project.
Accommodation includes:
-Living room
-Kitchen
-One bedroom
-Bathroom/WC
-Rear yard
Location:
Situated on Gladstone Street, the property is close to Blyth town centre with its shops, amenities, and transport links. The area is popular with both homeowners and landlords, ensuring strong demand once the property has been improved.
Investment Potential:
Properties of this style, once renovated, are in demand locally and can achieve strong resale or rental values, making this a promising project for investors looking to add value.Tenure: FreeholdEPC Rating: DAdministration Fee: £1200 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.
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.
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