23/23a Heaton Road, Newcastle Upon Tyne
- BEDROOMS
4
- BATHROOMS
4
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- For Sale Via Auction
- Investment Opportunity
- Commercial & Residential Unit
- Commercial Unit Let at £475 pcm until July 2024
- Four Bedrooms & Four Ensuites
- Residential Tenancy Signed for 12 Months from 1st August 2023
Description
A great investment opportunity to purchase this mixed use commercial and residential unit generating an income of approx £22,320.16. We are advised the commercial unit is let until July 2024 at £475 pcm and a tenancy signed for the residential flat for 12 months from 1st August 2023 at £16,640.16 (awaiting sight of tenancy agreements). The residential unit offers good size accommodation with four ensuite bedrooms, kitchen and an additional cloak/wc and a yard to the rear.
EPC rating: E
Council Tax Band: A
Tenure: Freehold
ENTRANCE HALL
LIVING ROOM 5.44m (17'10) x 4.65m (15'3)
KITCHEN 4.11m (13'6) x 2.08m (6'10)
FIRST FLOOR LANDING
CLOAK/WC
BEDROOM ONE 3.28m (10'9) x 3.4m (11'2)
EN SUITE
BEDROOM TWO 4.06m (13'4) x 3.28m (10'9)
EN SUITE
SECOND FLOOR LANDING
BEDROOM THREE 4.88m (16'0) x 3.56m (11'8) restricted head height
EN SUITE
BEDROOM FOUR 4.88m (16'0) x 4.09m (13'5) max restricted head height
BATHROOM
YARD TO THE REAR
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.
EPC Rating: E
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000.00+VAT (total £2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel:
Brochures
BrochureCouncil TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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23/23a Heaton Road, Newcastle Upon Tyne
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Byker Metro Station0.2 miles
- Chillingham Road Metro Station0.7 miles
- Jesmond Metro Station1.0 miles
About the agent
Andrew Craig, Auction
582 Durham Road, Low Fell, Gateshead, NE9 6HX
Andrew Craig is The Agent of the North. We are a family run business that is passionate about people and property.
We work with the Agents Property Auction, who are the biggest property Auctioneer in the North East. We hold monthly auctions and offer both a traditional auction (Option 1) plus a conditional auction (Option 2) where a deposit is paid at the auction (this is deducted from the sale price) and the buyer then has 28 days in which to exchange contracts. This is much better fo
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 439627. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrew Craig, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Andrew Craig, Auction on 01661 525163.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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