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38 Byron Avenue, Wallsend, Tyne And Wear, NE28 6NG
Guide Price* : £90,000 plus
RESIDENTIAL INVESTMENT
Upon Instructions of
Joint Law of Property Act Receivers
- Two Bedroom Residential Property
- Investment Producing £6,600 Per Annum
- Approximately 73.15 sq m (787 sq ft) GIA
- On a Site of Approximately 0.007 Hectares (0.018 Acres)
Description
A two storey, brick built two bedroom end terrace residential property.
The ground floor features a kitchen and two reception rooms, along with three bedrooms and a house bathroom on the first floor. Approximately 73.15 sq m (787 sq ft) GIA.
Externally, the property provides on street parking to the front and a rear garden, on a site of approximately 0.007 Hectares (0.018 Acres).
Location
Byron Avenue is located in Wallsend, Tyne and Wear. It lies approximately 4 miles east of Newcastle upon Tyne city centre and 2 miles west of North Shields. The area is well-connected by road, with the A1058 Coast Road providing access to Newcastle and Tynemouth. The main road near the property is High Street East, which links to the A19 and Coast Road, offering further connectivity.
Public transportation is easily accessible, with local bus routes serving the area and connecting Wallsend to Newcastle and other nearby towns. The nearest Metro station is Wallsend, located approximately 0.5 miles away, offering regular services to Newcastle and the coast.
Wallsend is bordered by the River Tyne to the south and Benton to the north, with nearby parks and riverside areas providing recreational facilities.
Tenure
Freehold under Title Number TY580364
Tenancy
The property is occupied under the terms of an Assured Shorthold Tenancy Agreement from 5 July 2022 for a term of 12 months at a rent of £550.00 PCM (£6,600 Per Annum).
Planning Authority
North Tyneside Council - my.northtyneside.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
D:56
Contact
Contact
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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Office Contact
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Legal Documents
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Additional Documents
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton February 2025
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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