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Two-bedroom lower flat in North Shields

North Shields, NE29 - Get Access

2 bed 1 bath

Description

Pattinson Estate Agents present this two-bedroom lower flat, situated in North Shields and benefiting from its own yard. Offered to the market chain-free, the property presents an excellent opportunity for investors, first-time buyers, or those seeking a property with potential. The accommodation briefly comprises a reception room, two bedrooms, and a bathroom, with gas central heating installed throughout. Externally, the property benefits from a private yard, providing useful outdoor space, while on-street parking is available nearby. The property is leasehold, with an impressive 998 years remaining on the lease and a peppercorn ground rent, offering the benefit of a very long lease with no regular ground rent payable. The property falls within Council Tax Band A and has an EPC rating of Band D. Offered chain-free and for sale by auction, this property is well worth considering by buyers looking for an opportunity in the North Shields area.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,753 sq ft (Floor plan)

Valuing this generously proportioned two-bedroom lower flat in North Shields requires accounting for its unusually large 1,753 sq ft floor area. The property is currently dated with a condition score of 4/10, featuring missing floor coverings and older kitchen and bathroom fittings. Local market comparables for flats and lower conversions form the baseline before applying necessary refurbishment deductions.

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