1 bed apartment to buy in NE10

Broadwater, Gateshead, Tyne and Wear, NE10 8XS

Brochure

Bedrooms: x 1

Bathrooms: x 1

Receptions: x 1

Tenure: Leasehold

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Starting bid£65,000

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Key Information

Council tax: Band A
EPC rating: C
Heating supply: Gas
Parking: Allocated

Property features

EXTENSIVE HIGH-SPEC REFURBISHMENT
Tenant in Situ Paying £775 pcm
One Bedroom Apartment
Luxury Refurbished Shower Room.

1 bed apartment to buy in NE10

TO BE SOLD VIA OUR ONLINE AUCTION

For Sale – Impressive One-Bedroom Apartment | Gateshead | Currently Let at £775 PCM

A superb opportunity to acquire a beautifully refurbished one-bedroom apartment situated in the highly sought-after location of Gateshead. Offering stylish modern accommodation, excellent specification throughout and the added benefit of a satisfactory tenant already in situ paying £775 per calendar month, this property is ideally suited to investors seeking an attractive buy-to-let opportunity.

The apartment has been comprehensively upgraded and thoughtfully designed to provide a contemporary and comfortable living environment. The accommodation comprises a generous reception room, bespoke fitted kitchen with a substantial peninsula/breakfast area, a well-proportioned double bedroom and a luxurious refurbished bathroom.

The bespoke kitchen features a range of fitted units, quality work surfaces and modern appliances, with the substantial peninsula providing an excellent breakfast and entertaining area. The reception room offers a versatile space for both relaxing and entertaining.

The generously sized bedroom benefits from bespoke fitted wardrobes and additional storage, providing excellent practicality while maintaining a stylish finish. The luxury refurbished bathroom is finished to a high standard with contemporary fittings.

Further improvements include a new boiler, designer radiators, LVT flooring, new internal doors throughout, a new composite entrance door with Ring doorbell, feature ceilings and lighting, a feature exposed brick wall, full plaster reskim and upgraded insulation. The property also benefits from an EPC rating of C.

Situated within a vibrant and well-connected area, the apartment provides convenient access to local amenities, shopping facilities, schools and excellent transport links, making it an appealing proposition for both tenants and investors.

With a tenant already in situ and producing a rental income of £775 per calendar month, this is a fantastic opportunity to acquire a turnkey investment property with modern accommodation and a strong specification.

Early viewing is highly recommended to appreciate the quality and finish this impressive apartment has to offer. Contact Pattinson Estate Agents today to arrange your viewing.

Length of Lease: 996

Front Exterior

New composite entrance door with Ring doorbell.

Open Plan Living Room / Kitchen

A beautifully presented open-plan kitchen and living space, thoughtfully designed in a modern contemporary style. lounge has feature ceiling with lighting and a feature brick wall. The kitchen features sleek white cabinetry, warm wood-effect worktops and a substantial peninsula/breakfast area, providing excellent preparation space and a sociable setting for everyday dining. The room is complemented by matching wood-effect flooring and stylish pendant lighting, creating a bright and welcoming atmosphere. The property also benefits from a new boiler and a bespoke fitted kitchen, offering both practicality and contemporary appeal.

Additional Photo Kitchen

Bedroom

A bright and well-presented bedroom featuring a stylish fitted wardrobe spanning one wall, finished in a soft sage-green tone with classic panel detailing and ample storage. The room benefits from plenty of natural light through the window, which overlooks the surrounding residential area and greenery.

Shower Room

A stylish and contemporary shower room finished in a sophisticated monochrome palette. The room features a large walk-in shower enclosure with a modern rainfall shower, complemented by striking dark marble-effect wall tiles and a decorative mosaic feature strip.

Open map Street view

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5%, subject to a minimum £4,000 which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 2.5%+ VAT to a minimum of £3,000 + VAT (£3,600 inc VAT) This does not form part of the purchase price.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information, call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

The legal pack is not yet available. The auction will not end until the legal pack has been made available here for at least 24 hours.

Heating supply: Gas

Rights and Restrictions

Is listed building: No
Is conservation area: No

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