2 bed flat for sale

Apartment 48 Stoddart Street, South Shields, Tyne And Wear NE34

For sale by online auction on Tuesday, 17 Jun 2025 ending at 14:18

for sale via national online auction on Monday 16th June at 1PM with

For sale by auction is this tenanted two-bedroom first-floor flat, in need of improvement.

We have been informed that the property compromises of a Living Room, a Kitchen, 2 Bedrooms and a Bathroom.

Externally, there is a rear yard, on-street parking available at the front of the property.

The current rental income is £5,200 pa. This could be increased in-line with the market value of £700 pcm / £8,400 pa.

Please note: Auction House has not inspected the property internally. No viewings will be conducted by request of the tenant.

The property is situated on Stoddart Street accessed via Farnham Road. Public transport links include Tyne Dock underground station together with a network of local bus services serving the surrounding vicinity. Road links include the A194 and A1300. Shopping amenities can be found locally with an extensive range of shops, bars and restaurants being found in Newcastle City Centre to the West.Tenure: See Legal PackEPC Rating: D

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.