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South Shields NE33 6 bed block of apartments for sale
South Shields NE33
£300,000
South Shields NE33
£300,000
Our Summary
- Guide Price £300,000 Plus FeesFor sale by unconditional online auction, registration is now open
- For sale by online auction on 25 June 2025Freehold Block 3 Flats £26,340 pa Ideal Investment * Guide Price Range £300,000 - £375,000* Offering for sale via auction this brilliant freehold block of 3 flats
- TenureFreehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
Description
For sale by unconditional online auction on June 25, 2025, is a freehold block of three flats in a prime location. The property consists of a 2-bedroom flat on the lower ground floor, a 1-bedroom flat on the ground floor, and a 3-bedroom flat on the first and second floors. The flats are currently rented out, with a combined annual income of £26,340. The guide price range is £300,000 to £375,000, and the property is being sold via auction with a 10% deposit required upon the fall of the hammer, plus a buyer's administration fee of £1,200 + VAT. The buyer is legally bound to purchase the property, and the vendor is legally bound to sell, with a completion deadline of 28 days following the auction. Registration is now open, and interested buyers can register to bid on the Town & Country Property Auctions website.