Flat for sale in Sunderland Road, Gateshead NE8

National Residential are delighted to offer this cosy 1-bedroom ground floor flat situated in the heart of Gateshead town. In need of modernisation throughout, this property presents a real chance to add value through refurbishment, making it an excellent investment opportunity.

This leasehold property comes with 105 years remaining on a 125-year lease from 20th July 2004. The ground rent is £43.04 per annum, with no service charge. The property falls under council tax band A.

The flat comprises a spacious living room, a fitted kitchen, a bedroom, and a bathroom. Externally, the property benefits from a rear yard, a front garden, a garage, and off-street parking available to the front.

Located in a popular residential area, the property is close to excellent transport links and various local amenities. Gateshead metro station is just a short distance away, along with a local high street offering a range of shops and food establishments. The area also boasts local primary and high schools, making it ideal for families. Additionally, the property is conveniently located near The Sage, Gateshead International Stadium, and the Tyne River. Both Asda and Aldi supermarkets are just a short drive away.

Please watch our online video tour for a closer look at the property. Viewings are highly recommended.

For further information and to arrange a viewing, please call and speak to our dedicated specialist sales advisor. Your future home or investment opportunity awaits - schedule your viewing today!

Please be advised that all prospective buyers are strongly encouraged to thoroughly review the terms of the lease agreement, including ground rent and any potential escalation clauses, before entering into any property purchase. It is essential to seek professional advice from qualified solicitors or legal experts to ensure a comprehensive understanding of the lease's implications and obligations.

This property is only available for purchasers who are not in a chain.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.