Auction opportunity near good transport links and communal gardens.
Second-floor one-bedroom flat, approx 470 sq ft
A vacant one-bedroom second-floor flat offered at auction, set within a mid-20th century purpose-built block with communal gardens. The apartment provides an average-sized living space of about 470 sq ft, arranged as hall, living room, kitchen, bedroom and bathroom. Broadband speeds are average and mobile signal is excellent.
This property is a clear value play for investors or buyers comfortable purchasing at auction. It is leasehold (long lease — 983 years remaining quoted) with an Energy Performance Asset Rating of E. There is a Buyer’s Administration Fee of £2,400 (inc VAT) payable on exchange and completion is expected 14 days after exchange.
Location benefits include close access to multiple bus routes, nearby Kingston Park retail facilities and reasonable access to Newcastle city centre. The wider neighbourhood is classified as a challenged, very deprived area, and local services and school performance are mixed. The flat is sold vacant and viewings or a video tour are available by request.
Buyers should allow for standard auction purchase checks: verify described measurements and condition, confirm EPC and service charge/ground rent details, and factor in the administration fee and quick completion timetable. The property suits investors seeking a low-entry auction purchase or a buyer prepared to carry out light refurbishment.