£65,000 Guide price

2 bedroom Flat for sale,
Emmerson Terrace, Washington, Tyne and Wear, NE38

Features and Description

  • Council Tax Band A / EPC grade D
  • Two bedroom ground floor flat
  • Currently rented for approximately £500pcm
  • Rented until June 2025
  • Ideal investment opportunity

A ground floor flat located in sought after area of Washington. Ideally situated close to amenities including; schools, shops and transport links.

Two bedroom ground floor flat currently rented achieving approximately £500pcm making this an ideal investment opportunity for Landlords looking to add to their portfolio. The current Tenancy runs until June 2025, making this a secure purchase for investors.

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the

Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers

solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.6% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

Emmerson Terrace, Washington, Tyne and Wear, NE38

Additional Information

  • Property ref
    CST240229
  • EPC
    D
  • Council Tax
    A
Mark Arnold  Branch Manager
Mark Arnold
Branch Manager

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Reeds Rains Estate Agents Chester le Street

Chester le Street Branch Manager
Reeds Rains Chester le Street
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Mortgage Calculator

Monthly payment

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Borrowing £58,500 and repaying over 25 years with a 2.5% interest rate.

Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.

Stamp duty calculator

Calculate

You would pay

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

68

Potential

73

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A