Prince Consort Road, Gateshead NE8

Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 1

Agent: Your Move Chris Stonock - Low Fell Phone: 0191 499 9696

<br/> We are acting in the sale of the above property and have received an offer of £64,950. Any interested parties must submit their offer in writing to the selling agent within 14 days of the date of this notice. If no further acceptable offers are received during this period, the property will be marked as Sold Subject to Contract (SSTC) and no further offers will be accepted while under this status. Date of Notice: 25/09/2026<br/><br/>Ground Floor Flat with some Updating Required. No Chain Involved. Ideal for investors or First Time Buyers. SOLD AS SEEN - including contents.<br/><br/>Similar flats can achieve up to £700 pcm, depending on finish. Based on £64,950, this represents a gross yield of approximately 12.94%, with potential to reach around £90,000 once works are complete, subject to the standard of finish.<br/><br/>We understand the flat falls into Council Tax Band A and is on a Lease of 999 years from 29th June 1989 leaving approx. 962 years remaining at the date of listing with no ground rent or service charges payable (Full details will be confirmed by solicitors).<br/><br/>The property comprises an entrance lobby leading into the hallway. To the front is a double bedroom featuring a bay window, while the lounge benefits from a feature fireplace. A second double bedroom is also located to the rear.<br/><br/>The kitchen has a built-in oven and gas hob with extractor fan over, space for a fridge/freezer, plumbing for a washing machine and a door providing access to the shared yard.<br/><br/>The shower room/WC has a shower cubicle, radiator and spot lighting.<br/><br/>Shared rear yard.<br/><br/>Gas central heating via combi boiler and double glazed windows.<br/><br/>Agents Note: It appears that works are currently being carried out to the upstairs flat, including works to the roof tiles and chimney. The full details and extent of the works are unknown.<br/><br/>Please note that any services, heating system, or appliances have not been tested and no warranty can be given or implied as to their working order.<br/><br/>MAKING AN OFFER:<br/>Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.<br/><br/> <b>IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:</b><br/> We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. <br/><br/>QLF260401/2