Property photos
Auction
Freehold
£50,000
Property for sale
Dean Road, South Shields NE33EPC rating: D
Key Information
Tenure:
Freehold
Council tax band:
A
Local area information
Property location
Nearby amenities
- Laygate Community School 0.2 miles
- Mortimer Community College 0.3 miles
- South Shields Ferry Terminal 0.9 miles
- Newcastle International Ferry Terminal 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Final bids are required before 12 Noon on Wednesday 5th June 2024.
For sale by auction.
A pair of one bedroom flats situated within a mid-terrace building at Dean Road, South Shields, Tyne & Wear. The properties are currenlty let on an Assured Shorthold Tenancy Agreements for £425pcm per flat producing a gross annual income of £10,200 per annum.
Auctioneer Comments
This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter. Interested parties personal data will be shared with the Auctioneer (iamsold).
The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional
Material Information
Council tax: Band A (Both Flats)
price: Starting Bid £50,000
tenure: Freehold
property type: Pair of Terrace Flats.
Construction: Traditional
building works outstanding: None
rights and restrictions:
Parking: On Street Only.
Flood risk level: Zone 1
planning permissions and development proposals:
Property accessibility and adaptions: None
mining area: Yes.
Location
The property is located on Dean Road in South Shields, Tyne & Wear. South Shields is a sizeable town situated on the North East Coast of England on the south banks of the River Tyne. Dean Road is a secondary retail and residential location approximately one mile south of the main town centre.
Description
The property is a two storey, three floor period mid-terrace. The ground floor is a retail unit. This is not included in the sale. Above there is a one bedroom first floor flat and a one bedroom second floor flat. Both flats are let on Assured Shorthold Tenancies for £425 pcm producing annual rent of £10,200 per annum.
Accomodation
Communal entrance, stairs and landings to the first and second floors. External stairs to rear.
First Floor Flat
Entrance Lobby.
Bedroom 2m x 4.2m
Lounge 4.1m x 4.2m
Bathroom/WC 2.8m x 1.5m
Kitchen 2.7m x 3.9m
Top Floor Flat
Entrance Lobby.
Bedroom 2.3m x 4.4m
Lounge 3.6m x 4.4m
Bathroom/WC 2.2m x 1.3m
Kitchen 4m x 3m
note: Restricted head room to the lounge, kitchen and bedroom.
External
External stairwell. Shared yard to rear.
Tenure
Freehold.
Council Tax Band
Energy Performance Certificate
The first floor flat currently has a rating of C(70).
The top floor flat currently has a rating of D(68).
Final Bids
Final bids are required before 12 Noon on Wednesday 19th June 2024.
A pair of one bedroom flats situated within a mid-terrace building at Dean Road, South Shields, Tyne & Wear. The properties are currenlty let on an Assured Shorthold Tenancy Agreements for £425pcm per flat producing a gross annual income of £10,200 per annum.
Auctioneer Comments
This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter. Interested parties personal data will be shared with the Auctioneer (iamsold).
The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional
Material Information
Council tax: Band A (Both Flats)
price: Starting Bid £50,000
tenure: Freehold
property type: Pair of Terrace Flats.
Construction: Traditional
building works outstanding: None
rights and restrictions:
Parking: On Street Only.
Flood risk level: Zone 1
planning permissions and development proposals:
Property accessibility and adaptions: None
mining area: Yes.
Location
The property is located on Dean Road in South Shields, Tyne & Wear. South Shields is a sizeable town situated on the North East Coast of England on the south banks of the River Tyne. Dean Road is a secondary retail and residential location approximately one mile south of the main town centre.
Description
The property is a two storey, three floor period mid-terrace. The ground floor is a retail unit. This is not included in the sale. Above there is a one bedroom first floor flat and a one bedroom second floor flat. Both flats are let on Assured Shorthold Tenancies for £425 pcm producing annual rent of £10,200 per annum.
Accomodation
Communal entrance, stairs and landings to the first and second floors. External stairs to rear.
First Floor Flat
Entrance Lobby.
Bedroom 2m x 4.2m
Lounge 4.1m x 4.2m
Bathroom/WC 2.8m x 1.5m
Kitchen 2.7m x 3.9m
Top Floor Flat
Entrance Lobby.
Bedroom 2.3m x 4.4m
Lounge 3.6m x 4.4m
Bathroom/WC 2.2m x 1.3m
Kitchen 4m x 3m
note: Restricted head room to the lounge, kitchen and bedroom.
External
External stairwell. Shared yard to rear.
Tenure
Freehold.
Council Tax Band
Energy Performance Certificate
The first floor flat currently has a rating of C(70).
The top floor flat currently has a rating of D(68).
Final Bids
Final bids are required before 12 Noon on Wednesday 19th June 2024.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
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Listed by
R A Jackson & Son
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Property descriptions and related information displayed on this page are marketing materials provided by - R A Jackson & Son. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact R A Jackson & Son for full details and further information.