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Flats C1 & C2, 5 Bentinck Villas, Grainger Park, Newcastle Upon Tyne

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Two top floor flats
  • Investment opportunity
  • One bedroom to each flat
  • Open plan living to each flat
  • Leasehold
  • 962 years remaining as at January 2024
  • Ground Rent TBC
  • Council Tax Band: Each flat - A EPC Ratings: C & D

Description

Investment Opportunity

For sale by auction, as an investment opportunity, are these two top floor flats which are to be sold as a pair, located in Grainger Park. The accommodation to each flat briefly comprises of open plan lounge/kitchen, bedroom and bathroom. We have been advised by the current owner that both flats are currently let out at £700 per month each. Flat C1 12 month tenancy commenced 29/08/2023, Flat C2 12 month tenancy commenced 30/10/2023.

The properties benefits from double glazing throughout.

The properties are situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69.

Early viewing is recommended.

Council Tax Band: Each flat - A
EPC Ratings: C & D

PRIMARY SERVICES SUPPLY
Electricity:  Mains 
Water:  Mains  
Sewerage:  Mains  
Heating:  Gas 
Broadband:  ASDL 
Mobile Signal Coverage Blackspot:  No 
Parking:  Off Street Parking  

MINING
It is not known if the property is situated on a coalfield.  It is also not known if the property has been directly impacted by the effect of other mining activity. The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.

TENURE
It is understood that this property is leasehold. Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.

Length of Lease:  962 years remaining as at January 2024

No ground rent or service charge.

For Sale by Auction:   Tuesday 30th April 2024
Option 1
Terms and Conditions apply

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 seller’s 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+VAT (total £2400) Auction Administration Fee. 

Joint Agents: The Agents Property Auction Ltd

Terms and conditions apply see website www. Agents Property Auction. Com

Brochures

Full Details

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent

Council 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.

Band: A

Flats C1 & C2, 5 Bentinck Villas, Grainger Park, Newcastle Upon Tyne

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St James Station0.9 miles
  • Newcastle Central Station1.1 miles
  • MetroCentre Station1.3 miles
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About the agent

Rook Matthews Sayer, Fenham

380 West Road, Fenham, Newcastle Upon Tyne, NE4 9RL

Rook Matthews Sayer, Fenham

Established in 1990, Rook Matthews Sayer are the region's leading estate agent and lettings agent.*

With a prominent high street branch network coupled with dedicated local experts ready to help you move, our approach is both personal and professional.

We aim to sell or let your home for the best possible price with our pro-active approach.

We have helped thousands of homeowners and landlords sell and let their homes in the region.

We have around 120 dedicated and pro-

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 12247811. 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 Rook Matthews Sayer, Fenham. 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 Rook Matthews Sayer, Fenham on 0191 625 0784.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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