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.
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£70,000
2 bedroom Flat for sale, Musgrave Terrace, Pelaw, Gateshead, NE10
Features and Description
- Two Bed Ground Floor Flat
- No Chain Involved
- Investment Opportunity
- Approx.. Floor Area: 66sqM or 707sqFT
- Council Tax Band A
- EPC RATING D
Chain-free ground floor flat with great potential for buyers and investors alike.
The current landlord is also marketing the property to let at £700 per calendar month, in line with similar flats in the area, which typically achieve this rental value depending on the standard.
The property has a valid Electrical Installation Condition Report until 4th February 2026 and a Gas Safety Certificate (CP12) until 30th May 2026.
The accommodation comprises an entrance lobby leading to hallway. To the front is a generous double bedroom with a bay window and space for a wardrobe. A second rear bedroom includes a large under-stairs storage cupboard for additional storage.
There is a spacious lounge and a well-appointed kitchen fitted with a gas hob, electric oven, and space for a fridge. The rear lobby/utility area offers plumbing for a washing machine.
The fully tiled bathroom/WC features a white suite and an electric shower over the bath.
Externally, the property boasts a private rear yard with a roller shutter door, providing off-street parking for a small car.
Additional features include gas central heating via a Combi boiler and double-glazed windows throughout.
We understand the flat is on a Tyneside Lease of 999 years from 15th September 1989 leaving approx. 963 years remaining at the date of listing with no ground rent or service charges payable (Full details will be confirmed by solicitors)
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.
Musgrave Terrace, Pelaw, Gateshead, NE10
Additional Information
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Property refQLF250375
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EPCD
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Council TaxA
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Your Move Estate Agents Low Fell
Your Move Low Fell
Durham House 449-451 Durham Road, Low Fell, Gateshead, NE9 5EX
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