Loraine Terrace, Lemington
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Ground Floor Flat
- One Bedroom
- Lounge
- Study
- Bathroom/W.C
- No Onward Chain
- Enclosed Rear Yard
- Requires Updating
- Leasehold 999 years from 6 May 2008 - Ground rent £0
- EPC D - Council Tax Band A
Description
Offered for sale with no onward chain, this one-bedroom ground floor flat presents an excellent opportunity for investors, landlords, or buyers looking for a project.
The accommodation comprises an entrance lobby, spacious lounge, fitted kitchen, bathroom/W.C., and a good-sized bedroom. In addition, there is a second reception room which offers flexible accommodation and is ideal as a study, home office, or occasional room. Please note that this room does not benefit from a window and is therefore not considered a bedroom.
While the property would benefit from updating and modernisation throughout, it offers excellent potential to add value and create a comfortable home or rental investment. Externally, there is a low-maintenance gravelled front garden and an enclosed rear yard.
Early viewing is recommended to appreciate the potential on offer.
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. Tel . Terms and conditions apply see
PRIMARY SERVICES SUPPLY
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Mains – Gas
Broadband: Unknown
Mobile Signal Coverage Blackspot: Yes, in some areas on the property
Parking: On Street
MINING
The Northeast region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any.
RESTRICTIONS AND RIGHTS
Public rights of way through the property? Yes, flat upstairs uses front door
Tenure:
Leasehold. 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: 999 years from 6 May 2008
Ground Rent: £0
COUNCIL TAX BAND: A
EPC RATING: D
Entrance Lobby
Lounge
15' 2" Max x 11' 3" Max (4.62m x 3.43m)
Featuring a double glazed front-facing window, central heating radiator, useful storage cupboard, and a fireplace with inset hearth and surround.
Study
11' 7" Max x 6' 11" Max (3.53m x 2.11m)
A versatile room offering the ideal space for home working, hobbies or additional storage, with a central heating radiator.
Bathroom/W.C.
Appointed with a three-piece suite comprising a low-level W.C., pedestal wash hand basin and panelled bath with shower over. Complemented by part-tiled walls and tiled flooring.
Bedroom
12' 6" Max x 8' 9" Max (3.81m x 2.66m)
A well-proportioned bedroom with a double glazed window and central heating radiator.
Inner Hall
15' 5" Max x 6' 3" Max (4.70m x 1.90m)
Providing access to the accommodation and benefiting from a useful built-in storage cupboard.
Externally
Front Garden
Designed for ease of maintenance, the front garden is predominantly laid to gravel with a pathway leading to the main entrance.
Rear Yard
A private enclosed rear yard providing a low-maintenance outdoor space.
Brochures
Full Details- 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
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Loraine Terrace, Lemington
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About Rook Matthews Sayer, West Denton
120 Roman Way, West Denton, Newcastle Upon Tyne, NE5 5AD
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 12847717. 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, West Denton. 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, West Denton on 0191 625 0217.
*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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