This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£130,000
2 bedroom Flat for sale, Wills Oval, Newcastle upon Tyne, Tyne and Wear, NE7
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Features and Description
- Two bedroom apartment
- Investment Opportunity
- For Sale by Auction
- Total floor area 85 square metres
- EPC Grade C
- Council Tax Band D, Newcastle City Council
This well-presented two-bedroom second-floor apartment offers both comfort and convenience in an excellent location. Positioned to the rear of the building, the apartment benefits from reduced road noise, ensuring a peaceful living environment.
The property features gated allocated parking to the rear, with additional visitor parking available, providing security and ease of access for both residents and guests. A standout feature is that the management fees are fully paid until the end of 2024, offering significant savings to the new owner.
Situated in a popular and well-maintained building, the apartment is ideal for a wide range of buyers, from first-time homeowners to investors. Its prime location offers easy access to local amenities, public transport, and key road networks, making it a superb choice for those seeking a convenient urban lifestyle.
Kitchen
10'6" x 9'2" (3.20m x 2.80m)
Lounge
19'8" x 10'6" (6.00m x 3.20m)
Bedroom 1
19'8" x 10'6" (6.00m x 3.20m)
Bedroom 2
13'5" x 10'6" (4.10m x 3.20m)
Agents Note
This property is currently tenanted achieving an annual rental of £11,400
Auction Comments
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 winning bidder 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.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Wills Oval, Newcastle upon Tyne, Tyne and Wear, NE7
Additional Information
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Property refWSD240302
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EPCC
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TenureLeasehold
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Lease length971 years
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Council TaxD
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Local authorityNewcastle City Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service Charge£2,700
Do you have a property you need to sell?
Your Move Estate Agents Wallsend
Your Move Wallsend
3 High Street East, Wallsend, NE28 8PA
Mon - Fri09:00 - 17:00Saturday09:00 - 13:00SundayClosed
Disabled access available
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Monthly payment
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Borrowing £117,000 and repaying over 25 years with a 2.5% interest rate.
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Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
77Potential
82CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs