This property has been taken off the market.

3 Bed Terraced House For Sale Salters Road, Newcastle Upon Tyne, NE3

£175,000- Terraced

Auction Property
1 of 3
  • Description
  • Street View
  • Maps
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: 24th May 2024

Description

TO BE OFFERED BY ONLINE AUCTION ON 03/07/2024 11:10\r
\r
As an auction property the details are subject to change. Please check our website for any updates or addendum entries.\r
\r
Description\r
A residential investment assumed to comprise a three bedroom end terraced house which is Let at an annual equivalent income of £7,200\r
\r
Location\r
Location\r
The property is located close to the amenities of Gosforth High Street which provides a range of shops, cafes and restaurants. There area number of schools nearby together with excellent transport links into the City Centre and beyond.\r
\r
Accommodation\r
We have not been able to inspect the property internally and have therefore assumed the accommodation comprises the following (Interested parties should satisfy themselves in this regard):\r
Ground Floor: \r
\r
Outside\r
Front and rear gardens.\r
\r
Tenure\r
The property is held Freehold.\r
\r
Tenancies\r
The Receivers have not had sight of the Tenancy Agreement and no further information will be made available. It is understood that the current rent is £600pcm.\r
\r
EPC\r
Energy Performance Asset Rating - TBC\r
\r
Buyer's Administration Fee\r
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.\r
\r
Additional Information\r
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.\r
\r
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
Agent Details
Landwood Group
Lancaster Buildings, 77 Deansgate, Manchester, M3 2BW

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 3 bedroom property. See more properties like this.

£225,000
Newcastle Upon Tyne, NE3
Flat
7.7
£199,950
Newcastle Upon Tyne, NE3
Semi Detached
5.8
£460,000
Newcastle Upon Tyne, NE2
Semi Detached
5.7
See More Properties
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.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested