Property description

490 John Williamson Street, South Shields, NE33 5HW - For sale by our joint auctioneers London City Auctions in their 30th June auction, online or in person at the Hard Rock Hotel at 2pm
Investment flat opportunity

Leasehold – 59 years remaining

Description:
Presenting this great investment purpose built flat, comprising of a good reception lounge, fitted kitchen, 2 bedrooms and a 3 piece bathroom suite. Ground rent £15. Generating a rental income of £5,400 pa
Council tax band A
Current owner is in the process of purchasing an EPC.

Location:
South Shields is a coastal town in South Tyneside, Tyne and Wear, England. It is situated at the south of the River Tyne.
Gyms, convenience stores, pubs and bars within 5 miles.
Primary and secondary schools around the areas rated good and outstanding for Ofsted.
Has good transport links, this property is close to railway stations (less than 1 mile away).

Buyer’s Premium:
Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition a buyer’s premium of 2% of the sale price, minimum of £5,000 + VAT upon exchange of the contract.

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