2 bedroom flat for sale

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. Guide Price £15,000 plusfor sale under an auction contract.
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.Don't miss the opportunity to view this fantastic investment property in Washington. Contact us for more details and to arrange a viewing.

BUYER’S PREMIUMApplies under the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, in addition, a buyer’s
premium of 2% of the sale price, a minimum of £3,000 + VAT upon exchange of the contract.When registering to bid with us, we will require 2 forms of ID (Passport, Driving Licence) to fit in line with the Anti-Money Laundering Act.