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.
£50,000
2 bedroom Flat for sale, Forster Court, Durham Road, Gateshead, NE9
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Features and Description
- Two Bedroom Ground Floor Flat
- Ideal For First Time Buyers or Investors
- Excellent Location
- Approx. Floor Area: 53 sqM or 570.48 sqFT
- Council Tax Band C
- EPC RATING D
Auction Commencing on Monday 12th October at 1pm and ending 24 hours later on Tuesday 13th October from 1pm with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast
A well positioned two bedroom ground floor flat situated close to Low Fell and its range of shops, amenities and transport links.
The flat has an entrance lobby with useful storage, a good sized lounge to the front with bay window, and a fitted kitchen with built-in oven, electric hob and extractor, together with plumbing for a washing machine and space for an under-counter fridge.
There are two double bedrooms to the rear, along with a bathroom/WC with shower over bath.
Externally, the property benefits from residents parking, while further features include electric heating and a secure intercom entry system.
Similar properties in the area are understood to achieve rents of around £800 PCM, depending on condition and standard.
The property is understood to be held on a 125-year lease from July 2001, leaving approximately 98 years remaining. The service charge is approximately £125 per month and ground rent approximately £50 per annum, payable to Kingston Property Services.
Council Tax Band: C
EPC: D
Approx. Floor Area: 53 sq m / 570 sq ft
MAKING AN OFFER 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.
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.
Forster Court, Durham Road, Gateshead, NE9
Additional Information
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Property refQLF260047
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EPCD
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TenureLeasehold
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Lease length98 years
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Council TaxC
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Ground Rent£50
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Ground Rent ReviewContact the branch
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Service Charge£1,500
Do you have a property you need to sell?
Your Move Estate Agents Low Fell
Your Move Low Fell
Durham House 449-451 Durham Road, Low Fell, Gateshead, NE9 5EX
Mon - Fri09:00 - 17:00Saturday09:00 - 13:00SundayClosed
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Monthly payment
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Borrowing £45,000 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
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Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
65Potential
76CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs