£95,000
2 bed flat for saleMarket Lane, Dunston NE11
2 beds
1 bath
1 reception
EPC Rating: C
Just added
Chain free
Leasehold
About this property
***chain free***
Upper Floor Flat
Two Bedrooms
Vacant or Air B&B Business
Close to Metrocentre and A1
EPC Rating C
***chain free - first home or investment opportunity*** This first floor flat in the popular area of Dunston offers opportunities for a variety of buyers. The property is currently run as a successful Air B&B but can also be sold with vacant possession. The property comprises of entrance hall, spacious lounge/dining room, two bedrooms and a bathroom W/C. Externally parking is available on street to the front and rear. Situated within easy access of local shops and transport links. Viewing essential! EPC rating C.
Lounge/Diner (21' 2'' x 14' 10'' (6.45m x 4.53m) max)
Feature fireplace. Dual aspect windows.
Kitchen (10' 8'' x 8' 0'' (3.24m x 2.44m))
Fitted with a range of wall and base units. Integrated oven/hob.
Bedroom 1 (13' 11'' x 11' 7'' (4.24m x 3.54m) max)
Feature fireplace. Bay window with views towards Newcastle.
Bedroom 2 (10' 2'' x 9' 1'' (3.10m x 2.78m))
Bathroom (7' 11'' x 6' 0'' (2.41m x 1.83m))
Bath with shower over, wash basin, W/C.
Externally
Space to the rear for bins. Parking available on street to the front and rear.
Additional Information
Council tax band: A
We understand this property is leasehold
Mobile phone coverage and broadband availability:
Coal mining: The North East has a widespread coal mining heritage and many properties are built within the vicinity of historic coal mining. We have not been made of aware of any specific issues with this property. Your conveyancer may carry out a coal mining search.
Leasehold Information
Length of original lease: 999
Original date: 1991
Years remaining: 964
Annual ground rent: £0
Annual service charge: £0
Air B&B Information
The property is currently trading as an Air B&B and can be sold fully furnished and still trading (including management and future bookings) to a purchaser if required. We have been given the following figures from the current owners:
Average nightly rate: £80
Average occupancy: 75%
Potential average monthly income after running costs are deducted: £1,000
More information can be provided on request.
Important Note To Purchasers
We have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. The measurements are a guide to prospective buyers only and are not precise. We have not carried out a structural survey and the services, appliances and fittings have not been tested by us. If you require any further information, please contact us.
Lounge/Diner (21' 2'' x 14' 10'' (6.45m x 4.53m) max)
Feature fireplace. Dual aspect windows.
Kitchen (10' 8'' x 8' 0'' (3.24m x 2.44m))
Fitted with a range of wall and base units. Integrated oven/hob.
Bedroom 1 (13' 11'' x 11' 7'' (4.24m x 3.54m) max)
Feature fireplace. Bay window with views towards Newcastle.
Bedroom 2 (10' 2'' x 9' 1'' (3.10m x 2.78m))
Bathroom (7' 11'' x 6' 0'' (2.41m x 1.83m))
Bath with shower over, wash basin, W/C.
Externally
Space to the rear for bins. Parking available on street to the front and rear.
Additional Information
Council tax band: A
We understand this property is leasehold
Mobile phone coverage and broadband availability:
Coal mining: The North East has a widespread coal mining heritage and many properties are built within the vicinity of historic coal mining. We have not been made of aware of any specific issues with this property. Your conveyancer may carry out a coal mining search.
Leasehold Information
Length of original lease: 999
Original date: 1991
Years remaining: 964
Annual ground rent: £0
Annual service charge: £0
Air B&B Information
The property is currently trading as an Air B&B and can be sold fully furnished and still trading (including management and future bookings) to a purchaser if required. We have been given the following figures from the current owners:
Average nightly rate: £80
Average occupancy: 75%
Potential average monthly income after running costs are deducted: £1,000
More information can be provided on request.
Important Note To Purchasers
We have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. The measurements are a guide to prospective buyers only and are not precise. We have not carried out a structural survey and the services, appliances and fittings have not been tested by us. If you require any further information, please contact us.
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Monthly repayment
£475 per month
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More information
Tenure
Leasehold (964 years)
Service charge
Council tax band
A
Ground rent
£0
Ground rent date of next review



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