51, Haydon Close, Newcastle upon Tyne, NE3 2BY

Summary For sale via secure sale - Fees apply We are pleased to welcome to the market this fantastic tenanted ground floor, one-bedroom apartment in the vibrant area of Newcastle upon Tyne.

This property serves as a great example of city living and is perfectly situated for both local amenities and transport links. The property offers a savvy investor a tenanted investment.

Upon entering the property, you will find a single bedroom, sizeable reception room, fitted bathroom and kitchen.

This charming abode falls into Council Tax Band A, offering an affordable living proposition, while the EPC rating is D.

While upgrades might be beneficial, the property provides an excellent canvas for personalisation.

As a tenanted investment property, this apartment is currently gathering a monthly rent of 550 pcm, offering potential investors an instant return on their investment along with a strong yield.

Its coveted location in Newcastle upon Tyne, coupled with its alluring features, render it an enticing proposition for both first-time landlords and seasoned investors.

This impressive one-bedroom apartment offers quintessential city living in one of Newcastle's much sought-after locations and makes for a smart acquisition for those wanting to add to their investment portfolio.

Be sure not to miss out - get in touch with us at Pattinson Estate Agents to arrange a viewing today.

Council Tax Band: A Tenure: Leasehold Length of Lease: 118 Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.

This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.

The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.

The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.

Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.

The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.

The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.

An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.

The Legal Pack will also outline the buyers obligations and sellers commitments.

It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.

The deposit will form part of the purchase price.

A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.

Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.

There is no requirement or obligation to use any recommended suppliers or services.