2 bedroom terraced house for sale148 Armstrong Road, Newcastle upon Tyne, Benwell
- For sale by auction
- Investment Freehold House
- Bedrooms: 2
- Reception Rooms: 2
Lot 152 - This lot is for sale by auction as lot 152 on 3rd November 2016.
A Freehold Mid Terrace House subject to an Assured Shorthold Tenancy
BY ORDER OF ADMINISTRATORS OF ANGELIC INTERIORS LIMITED
The property is situated on the north side of Armstrong Road, close to its junction with Gerald Street. Shops are available to the north along Adelaide Terrace, with a more extensive range of shops and other facilities being available in Newcastle city centre. Rail services run from Newcastle Station approximately 2.6 miles to the east. The open spaces of Hodgkin Park and Nature Park are nearby.
The property comprises a mid terrace house arranged over ground and two upper floors beneath a pitched roof.
Ground Floor - Two Reception Rooms, Kitchen, Utility Room First Floor - Two Bedrooms, Bathroom/Shower/WC Second Floor - Two Rooms
The property is subject to an Assured Shorthold Tenancy for a term of 12 months from 14th June 2015 (holding over). The tenancy states a monthly rent of £495 per calendar month but the current rent being collected is £395 per calendar month. NB. The Administrators give no warranty or representation and sell without personal liability with no title guarantee for such right, title and interests the registered proprietor may have.
Rent Reserved based on current rent collected is £4,740 per annum
Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at www.auction.co.uk. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.
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*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.
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 Allsop , Auction on 0207 494 3686.
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