1 Bedroom Flat – Washington NE37 3

(GUIDE) £5,000

For Sale

(GUIDE) £5,000

Overview

Flat
Property Type

Description

GUIDE PRICE: £5,000

Property Information :

Property Regen is excited to bring to market this 1st floor flat in the Waterloo Walk apartment complex with an estimated rental income of £450 PCM (23.5% yield). This property is in good condition and currently occupied by a tenant.

We expect a high demand for this property that is available to bid on from May 2025, with similar properties selling for between £23,000 to £27,000.

Key Property Features:

✅ 1 Bedroom

✅ 1 Bathroom

✅ Kitchen

✅ Spacious Living Area

✅ Private Balcony

✅ On street parking and off road shared car park

✅ Secure access through security controlled entrances

✅ Intercom system

✅ Lift access available to upper floors

✅ Utilities: Main Water (paid for by site), Sewer (paid for by site), Gas, Electricity

How to Buy :

✅ Register or view and bid on this property at our AUCTION SITE, or to make a pre-auction bid to secure this property send us a message and we will call you back.

Auction Administration Charge & Important Note for Prospective Bidders
✅ We draw your attention to the Auction Administration Charge which is a non-refundable £3,200 incl. VAT payable on the fall of the virtual gavel.

✅ We strongly advise that prospective buyers review the legal pack, including the General and Special Conditions of Sale which references other charges which may be payable in addition to the price at the fall of the virtual gavel.

✅ Property Regen have not been able to internally inspect this property as it is currently occupied by the tenant in place and as such the property is sold as seen and any bids placed by prospective buyers are based upon reviewing the legal pack and the bidders own enquiries and bidders accept the risks associated with purchasing without viewing internally.

About Us :
Property Regen specialise is transforming empty and derelict properties into homes for families. Where other agents may struggle to sell properties, our partnership with estate agents, conveyancers, investors coupled with our marketing across all major property platforms and social media means we can get you the result you are looking for.

We are always looking for properties that we can regenerate. If you have, or know of, any properties then get in touch.