Percy Street, Jarrow
- PROPERTY TYPE
Ground Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Fitted Kitchen
- Near South Shields Beach
- Near Viking Shopping Centre
- Popular Location
Description
Investment Potential with a Potential 13.2% Yield:
With its location and features, this property presents an appealing investment prospect. You could easily turn this property into a long-term home for a tenant while bringing in an amazing rental yield.
Prime Location Close to The Viking Shopping Centre and South Shields Beach:
The property is within walking distance of the popular shopping centre and is close to the Jarrow Hall Anglo-Saxon Village Museum as well as being only a 10 minute drive South Shield Beach front.
Recently Refurbished:
This property has undergone a recent refurbishment, ensuring a fresh and updated look throughout. The modern refurbishment adds value to the property, making it even more appealing to potential tenants or future buyers. The recent improvements contribute to the overall attractiveness and desirability of the house.
When you enter the property you are greeted by a bright living room, and a modern tiled kitchen with ample cupboard storage. There are also two bedrooms, one spacious double bedroom, and one single bedroom which could be used as a home office. You also have one family bathroom complete with a bath and overhead shower.
This flat is located near many local amenities such as the Viking Shopping Centre and South Shields Beach as well as, schools, shops, takeaways, and other everyday necessities.
Early viewing is highly recommended.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Council Tax Band: A (South Tyneside Council)
Tenure: Leasehold (99 years)
Ground Rent: £15 per year
Brochures
BrochureTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£15 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
Ask agent
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
99 years left
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
Percy Street, Jarrow
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Jarrow Metro Station0.2 miles
- Bede Metro Station0.8 miles
- Howdon Metro Station1.1 miles
About the agent
NGU HOMES, Gateshead
469-471 Durham Road, Low Fell, Gateshead, NE9 5EX
Selling your home, or an investment property, is a huge opportunity to gain a life-changing amount of money and at NGU Homesales & Lettings we do not take that opportunity lightly; there's no easier way to make an extra £10,000+, tax-free!
An estate agent will traditionally value your property and sell it to the first person who offers something close to the asking price and then manage the sale smoothly to completion...
Sounds okay right?
It is, but we think our main
Notes
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Visit our security centre to find out moreDisclaimer - Property reference RS0300. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by NGU HOMES, Gateshead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call NGU HOMES, Gateshead on 0191 625 0172.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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