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    Auction House London
    Lot 77
    Flat
    119 Scarborough Road
    Newcastle upon Tyne, Tyne and Wear, NE6 2RU
    Sold Prior to auction, for an undisclosed amount
     
    All
    Number 1
    A Vacant Two Bedroom Ground Floor Flat. ERV of £5,385.12 per annum if Let at the Local Housing Authority Rate.

    Description

    The property comprises a two bedroom ground floor flat situated within a mid terrace building arranged over ground and first floors.

    Tenure

    Leasehold. The property is held on a 99 year lease from 27th January 1984 (thus approximately 63 years unexpired) at a peppercorn ground rent.

    Location

    The property is situated on a residential road close to local shops and amenities. Numerous green open spaces are also within close proximity. Transport links are provided by Newcastle Central and Manors rail stations.

    Accommodation

    Ground Floor
    Reception Room
    Kitchen
    Two Bedrooms
    Bathroom with WC and wash basin

    Exterior

    The property benefits from a rear yard

    Tenancy

    The LHA rates for a 2 bedroom property in this postcode is £103.56 per week. Thus potential income of £5,385.12 per annum (source: https://lha-direct.voa.gov.uk).

    Addendum

    Sold Prior
    View Video
    Enquire
    Finance Available
    Insurance Quote
    Stamp Duty Calc
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    020 7625 9007 or email us at info@auctionhouselondon.co.uk
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    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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