Lot 117
    Flat
    Flat 16 Ladyburn House
    Lake Road, Hadston, Morpeth, Northumberland, NE65 9TG
    Sold for £42,000
     
    Number 1
    A Two Bedroom First Floor Flat Subject to an Assured Shorthold Tenancy Producing £4,740 per annum

    Description

    The property comprises a first floor two bedroom flat situated within a purpose built block arranged over ground and first floors.

    Tenure

    Leasehold. The property is held on a 125 year lease from 2007 (thus approximately 114 years unexpired).

    Location

    The property is situated at the end of a residential cul-de-sac in the village of Hadston close to local shops and amenities. The open spaces of Druridge Bay Country Park are within easy reach. Transport links are provided by Acklington rail station which is approximately 3km away.

    Exterior

    The property benefits from a parking space.

    Tenancy

    The property is subject to an Assured Shorthold Tenancy at a rent of £395 per calendar month.

    EPC Rating (Free Text)

    B-C

    Accommodation (2nd Column)

    First Floor
    Reception Room
    Two Bedrooms
    Kitchen
    Bathroom with WC & wash basin

    Viewing Details

    Open House Viewings:
    Wednesday 5th September 14:00 - 14:30
    If you would like to organise another viewing, please email rhiannon@auctionhouselondon.co.uk

    Addendum

    We have been advised by the vendor that the property is now let on a tenancy at £395 pcm.
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
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    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    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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