Wellington Walk, Washington, Tyne And Wear, NE37
- PROPERTY TYPE
Maisonette
- BEDROOMS
3
- BATHROOMS
1
- SIZE
657 sq ft
61 sq m
Description
Property Information :
NOTE TO INVESTORS: This property is one of 6 being offered as part of a portfolio and offers are invited above £70,000 to secure all 6 (comprised of 4 x 1 bedroom flats and 2 x 3 bedroom maisonettes. 5 flats are at the Waterloo Walk complex and another at the Wellington Walk)
Property Regen is excited to bring to market this 1st floor flat in the Wellington Walk apartment complex with an estimated rental income of £600 PCM (42.3% yield). This property is in good condition and currently occupied by a tenant.
We expect a high demand for this property that is available to bid on from May 2025, with similar properties selling for between £32,000 to £39,000.
Key Property Features:
3 Bedrooms across 2 floors
1 Bathroom
Kitchen
Spacious Living Area
Private Balcony
On street parking and off road shared car park
Secure access through security controlled entrances
Intercom system
Lift access available to upper floors
Utilities: Main Water (paid for by site), Sewer (paid for by site), Gas, Electricity
How to Buy :
Register or view and bid on this property at our AUCTION SITE, or to make a pre-auction bid to secure this property send us a message and we will call you back.
Auction Administration Charge & Important Note for Prospective Bidders
We draw your attention to the Auction Administration Charge which is a non-refundable £3,200 incl. VAT payable on the fall of the virtual gavel.
We strongly advise that prospective buyers review the legal pack, including the General and Special Conditions of Sale which references other charges which may be payable in addition to the price at the fall of the virtual gavel.
Property Regen have not been able to internally inspect this property as it is currently occupied by the tenant in place and as such the property is sold as seen and any bids placed by prospective buyers are based upon reviewing the legal pack and the bidders own enquiries and bidders accept the risks associated with purchasing without viewing internally.
About Us :
Property Regen specialise is transforming empty and derelict properties into homes for families. Where other agents may struggle to sell properties, our partnership with estate agents, conveyancers, investors coupled with our marketing across all major property platforms and social media means we can get you the result you are looking for.
We are always looking for properties that we can regenerate. If you have, or know of, any properties then get in touch.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street,Communal
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Wellington Walk, Washington, Tyne And Wear, NE37
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Visit our security centre to find out moreDisclaimer - Property reference Wellington_1_3bed. 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 PROPERTY REGEN, London. 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 PROPERTY REGEN, London on 020 4572 6177.
*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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