£30,000 Guide price

2 bedroom Mid Terrace House for sale,
Rede Avenue, Tyne And Wear, NE31

Hebburn Branch Manager
Reeds Rains Estate Agents Hebburn
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Features and Description

  • 2 Bed Terraced House
  • In Need Of Renovation
  • Gas Combi Central Heating
  • For Sale by Modern Auction - T & C's apply
  • Subject to reserve price
  • Buyers fees apply
  • The modern method of auction
  • Priced to sell
  • Tax Band A/EPC Rating D

Two bedroom mid terrace home situated on this pedestrian only street close to town centre shops, other amenities and Metro station. The property is in need of refurbishment throughout and has an unexpired lease term of around 40 years. A great buy to let investment on a home which will prove a popular rental once renovations are completed. Early viewing is a must to avoid missing out.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Rede Avenue, Tyne And Wear, NE31

Additional Information

  • Property ref
    HEB210025
  • EPC
    D
  • Tenure
    Leasehold
  • Lease length
    39 years
  • Council Tax
    A
  • Ground Rent
    Contact the branch
  • Ground Rent Review
    Contact the branch
  • Service Charge
    Contact the branch
Hebburn Branch Manager
Reeds Rains Estate Agents Hebburn

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Reeds Rains Estate Agents Hebburn

Hebburn Branch Manager
Reeds Rains Hebburn
18-20 St Johns Precinct, Hebburn, NE31 1LQ
Mon - Fri10:00 - 17:00Saturday10:00 - 15:00SundayClosed

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Borrowing £27,000 and repaying over 25 years with a 2.5% interest rate.

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Stamp duty calculator

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Up to 31 March 2025


From 1 April 2025

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 and second homes from 31st October 2024. 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

66

Potential

83

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