Guide price

£5,000

1 bed flat for sale
115 Collingwood Court, Washington, Tyne And Wear NE37

    • 1 bed

  • EPC Rating: C

Auction
Added on 13/07/2026

About this property

    For sale by online auction on Tuesday, 25 Aug 2026 ending at 11:42

    for sale via national online auction. Bidding opens on Monday 24th August at 1PM, and closes Tuesday 25th August from 1PM. Register to bid!

    Offered for sale by auction is this tenanted one-bedroom flat, located in Sulgrave.

    The property comprises an Entrance Hall, a Living Room with a balcony, a Kitchen with a balcony, a double bedroom, a Bathroom.

    Currently let at £385pcm, and sold with tenant in situ. Not viewings will be conducted.

    Situated in a well-established residential area, the property is conveniently placed for local amenities, transport links, plus hospitals and universities, making it an attractive prospect for both resale and rental markets.

    Key Features:

    Approx. 46 sq. Meters of accommodation

    One-bedroom apartment

    Popular and well-connected location

    Investment Summary

    Rental income could be increased in live with current market value, to £500pcm

    Resale value can be expected at approximately £50,000, once renovated

    Asset management opportunity with value-add potential

    Attractive guide price reflecting condition

    Tenure: Leasehold

    Legal Pack: Available via the Auction House websiteTenure: Leasehold

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    Additional Fees
    Administration Charge - Administration Charge is a non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.

    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    Price Information
    * Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Additional Fees Information
    Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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