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199 Newsham Road, Blyth, NE24 5RB

Opening Bid

£40,000

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Opening Bid

£40,000

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Flat

Residential

Occupied

199 Newsham Road, Blyth, NE24 5RB

2

bed

1

bath

1

reception

Council tax: A

freehold

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Tenanted Investment Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this tenanted 2 bed flat located within a prime location in 199 Newsham Road, Blyth, NE24 5RB.
  •  **167 Newsham Road, Blyth NE24 5RB sold for £92,000 and 173 Newsham Road, Blyth NE24 5RB sold for £85,000**

  • For rental purposes, the property is currently tenanted at £370 per month, which could provide an excellent gross yield if achieved for the guide price.
  • The property is being offered at a fantastic discount to ensure an auction sale, presenting an attractive investment opportunity.
  • Situated in a prime location, it is nearby to many local shops and amenities, making it highly desirable for renters and buyers alike.

PRIME NEW LISTING. We are excited to present this tenanted 2 bed flat located within a prime location in 199 Newsham Road, Blyth, NE24 5RB.

The property comprises two spacious bedrooms, a well-equipped kitchen, a cosy living room, and a modern bathroom.

For rental purposes, the property is currently tenanted at £370 per month, which could provide an excellent gross yield if achieved for the guide price.

The property is being offered at a fantastic discount to ensure an auction sale, presenting an attractive investment opportunity.

Situated in a prime location, it is nearby to many local shops and amenities, making it highly desirable for renters and buyers alike.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**167 Newsham Road, Blyth NE24 5RB sold for £92,000 and 173 Newsham Road, Blyth NE24 5RB sold for £85,000**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Blyth is a charming town situated on the Northumberland coast, known for its rich maritime history and vibrant community. With beautiful beaches, a bustling port, and abundant local amenities, it offers an ideal location for both residents and investors.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.