3 bed Terraced

Excellent first time buyer or investment opportunity with a potential rental yield of 8.7% - 9.8%. Previously rented at £650 pcm. A well presented and very well maintained terrace, offering good sized accommodation and with the benefit of a rear garden. In brief this property comprises of:- entrance vestibule, lounge, great size kitchen/diner, inner lobby with stairs to the first floor and downstairs bathroom. Upstairs, you will find three bedrooms, which are all a good size. Externally, the rear garden is a great size and there is on street parking to the front. Situated in a popular area of town, just off Chester Road. The property is well placed for school catchment being close to both Jesmond Road Primary and Sacred Heart Primary, as well as being within a short walk of Dyke House Secondary. Auctioneer 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 £349.00 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 4.5% 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.