2 bed flat for sale

Kelvin Grove, Sandyford, Newcastle Upon Tyne NE2

*Two Bedroom First Floor Flat** A purpose built period flat well located for access to Newcastle City Centre and local Sandyford amenities. The flat generates a rent rising to £953 per calendar month (with potential scope for future rent increases), and an annual rental income in excess of £11,000. The property includes a Private Entrance and Hallway, a First Floor Landing, a Living Room / Dining Room, a Kitchen, Two Bedrooms, a Bathroom, and a Utility. With double glazing, gas central heating, and a rear yard, viewing is highly recommended.
Council Tax Band: A

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.