1 Bedroom Flat - Purpose Built

Ideal Investment or First-Time Buy Opportunity – Approx. 10% Yield Potential

Located on a popular estate in Jarrow, this spacious first-floor flat is an excellent choice for Buy-to-Let investors or first-time buyers. Offering an estimated yield of around 10% (based on the guide price), the property is ready to move into, yet offers a blank canvas for further personalisation or improvement. The floor plan includes an entrance lobby with stairs to the first-floor landing, a spacious lounge, double bedroom, breakfasting kitchen with a range of wall and base units and a bathroom. Externally lies a private rear garden.

Well supported by main transport links including bus routes and Metro services, with strong rental potential and excellent connectivity, this is a fantastic opportunity not to be missed.

Property details provided by Andrew Craig
EPC rating: C
Council Band: A
Tenure : Leasehold. The term of the lease is 125 years from 30 January 2006.

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 30th APRIL 2025 OPTION 2

ENTRANCE
Double glazed door into Lobby.

LOBBY
Stairs to the first floor Landing.

FIRST FLOOR LANDING

LOUNGE
4.14m (13’7) x 3.78m (12’5)
Double glazed window and radiator.

KITCHEN BREAKFAST ROOM
4.11m (13’6) x 2.36m (7’9)
Base units with worktops over, stainless steel sink unit with mixer tap, integrated oven and hob with extractor, part tiling to walls, radiator, tiling to floor and two double glazed windows.

BEDROOM
3.76m (12’4) x 2.77m (9’1)
Double glazed window and radiator.

BATHROOM
Panelled bath with shower over and shower screen, pedestal hand wash basin, low flush W.C., part tiling to walls and double glazed window.

EXTERNALLY
Private garden to rear.

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by AC. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.

Disclaimer 4
We are advised by the seller that the property has mains provided gas, electricity, water (very low risk of surface water flooding) and sewerage.

The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.

Ofcom website states the average broadband download speed of 2Mbps and the fastest package of 10000Mbps at this postcode: NE32 4JW and mobile coverage is provided by EE (limited indoor), Three (limited indoor), 02 (limited indoor) and Vodaphone (limited indoor).