House For Sale Scarborough Road, Newcastle Upon Tyne, NE6

£76,500

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 5th April 2024

Description

*** AUCTION PROPERTY - INVESTMENT OPPORTUNITY - PAIR OF FLATS - AUCTION GUIDE PRICE £76,500+ ***\r
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For Sale By Auction - Taking Bids Now! - OPTION 1\r
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We are delighted to welcome to the sales market, this pair of flats situated on Scarborough Road in Byker. This property is close to all local amenities, schools, shops, industrial, medical and leisure facilities with good access to all major road, bus and metro links.\r
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Both properties are currently tenanted. The tenant at 244 Scarborough Road is currently paying £367pcm and the tenant of 242 Scarborough Road is currently paying £391.24 every 4 weeks (awaiting sight of tenancy agreements).\r
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242 Scarborough - EPC Rating: E\r
244 Scarborough - EPC Rating: TBC \r
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Viewing is highly recommended. To arrange a viewing please contact the Wallsend office to arrange a viewing. \r
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Disclaimer 1\r
None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be\r
guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property. For sale by auction see
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Disclaimer 2\r
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.\r
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Disclaimer 3\r
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase. 
Agent Details
Mike Rogerson Estate Agents
57-59, High Street East, Wallsend, NE28 8PR
Show Contact Number
0191 262 1206

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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