£60,000
Est. Mortgage £274 per month*

2 bedroom flat for sale

Gateshead, Tyne and Wear NE8 4RS
flat flat
bedrooms 2 bedrooms

Property description

Auction Commencing on Monday 03rd November at 1pm and ending 24 hours later on Tuesday 04th November at 1pm with Auction House North East



Please register to bid via our website - auctionhouse.co.uk/northeastSpacious Two-Bedroom Ground Floor Flat – Excellent Investment or Owner-Occupier OpportunityA superb opportunity to acquire a spacious two-bedroom ground floor flat situated on the ever-popular Rectory Road, just a short walk from Saltwell Park. Offered with vacant possession, this property provides generous accommodation with scope for refurbishment, making it ideal for investors, developers, or first-time buyers looking to add value.



Accommodation

The property offers approximately 86 sq. m (925 sq. ft) of living space and comprises:



Entrance Hallway

Providing access to all rooms.



Living Room – 4.6m x 5.1m

Large bay-fronted reception room featuring high ceilings, original cornicing, picture rails, and a decorative ceiling rose. A focal fireplace with surround adds character to this bright and spacious room.



Main Bedroom – 3.5m x 4.5m

Generously sized double bedroom to the rear with feature period fireplace and ample natural light.



Bedroom Two – 2.3m x 3.4m

A single or small double bedroom ideal as a study, nursery, or guest room.



Dining Room – 3.2m x 3.6m

A flexible second reception/dining space leading through to the kitchen.



Kitchen – 3.8m x 2.8m

Fitted with base and wall units, integrated oven and hob, and stainless steel sink. Door providing access to the rear yard.



Bathroom – 2.5m x 1.6m

Modern white suite comprising panelled bath with overhead shower, wash basin, and WC. Fully tiled with heated towel rail.



Rear Yard

Enclosed rear yard with pedestrian access to the service lane.



Features & Benefits

-Traditional period features throughout

-Gas central heating

-Vacant possession – no onward chain

-Requires internal modernisation – excellent value-add potential

-Popular residential area with strong rental demand



Location

-Positioned in a sought-after area of Bensham, the property is ideally located close to a range of local amenities, schools, and transport links.

-Just 0.4 miles from Saltwell Park

-1.2 miles from Gateshead Town Centre & Interchange

-2 miles from Newcastle City Centre

-Easy access to the A1(M) and Team Valley Trading Estate



Tenure

Leasehold



Auction Details

This property is being sold by online auction through Auction House North East.

Interested parties are advised to register to bid and review the legal pack prior to auction.

For full terms, conditions, and bidding information, visit auctionhouse.co.uk/northeast





Ideal For

-Buy-to-let investors

-Refurbishment and resale developers

-First-time buyers looking for an affordable project



A property with charm, potential, and an enviable location – early inspection is highly recommended.Tenure: LeaseholdEPC Rating: DAdministration 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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Property photos

Gateshead, Tyne and Wear NE8 4RS

Marketed by

Auction House - North East 15 Beach Road South Shields, Tyne & Wear NE33 2QA
Call agent on 020 8115 2054
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£274
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Auction House - North East. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House - North East for full details and further information.