Upper-floor home near coast — ideal for first-time buyers or straightforward investors.
2 double bedrooms and separate dining area, bay-front living room with fireplace
Long lease (~963 years) — favourable leasehold position
Double glazing fitted post-2002; mains gas boiler and radiators
Private yard converted to covered shelter, useful for storage
On-street parking only; no private driveway or garage
Property sold via Modern Method of Sale; 4.5% non-refundable reservation fee (min £6,600)
Cavity walls assumed uninsulated — may need energy-efficiency upgrades
Very low council tax, fast broadband, excellent mobile signal
Light-filled upper-floor Tyneside flat offering straightforward living in a well-connected North Shields location. The property has two double bedrooms, a separate dining area, and a bay-fronted living room with a working fireplace and log burner — practical features for cosy, low-cost heating. Double glazing (fitted post-2002), mains gas boiler and very low council tax help keep running costs down. The long lease (circa 963 years) is a clear ownership advantage compared with typical short-lease auction lots.
Outside, a private yard has been converted into a covered shelter useful for storage or a utility area, and on-street parking is available without a permit. The flat is close to local amenities, transport links and coastal attractions between North Shields and Tynemouth — a strong location for commuters, first-time buyers or buy-to-let investors. Broadband is good and mobile reception excellent, while the neighbourhood records low crime and sits in a very affluent area classification.
Buyers should note the sale method and associated costs: the property is offered via a Modern Method of Sale with a non-refundable reservation fee of 4.5% of the purchase price (minimum £6,600), plus a £349 legal pack fee. The building dates from the 1930–1949 period and cavity walls are assumed to lack added insulation, so buyers seeking maximum energy efficiency may want to budget for insulation improvements. Viewings and surveys should be carried out before bidding, and mortgage buyers must confirm suitability with their lender prior to purchase.
Overall this is a practical, well-located two-bedroom home with character features and long lease security — suited to first-time buyers wanting a commuter/coastal base or investors targeting straightforward rental demand. The auction route brings speed but also additional upfront costs and fixed timescales that buyers must accept.
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