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.
1/9
£50,000
1 bedroom Flat for sale, St. Marys Green, Whickham, NE16
Features and Description
- One Bedroom First Floor Studio Flat.
- Cash Buyers ONLY
- No Upper Chain
- Approx. Floor Area 31sqM or 334sqFT
- Gateshead Council Tax Band A
- EPC Rating C.
Open to cash buyers only, offered with no upper chain, this one bedroom studio flat which is very conveniently located in the heart of Whickham Village on St Mary's Green.
The property is gas central heated and double glazed.
Similar properties rent for £500pcm depending on condition.
We understand that the property is held on a 125-year lease that commenced in February 1988, leaving 88 years remaining at the time of listing. The seller is currently in the process of extending the lease by a further 90 years, with the ground rent being reduced to a peppercorn. As a result, the total lease term on completion is expected to be approximately 175 years plus.
The accommodation briefly comprises: Communal entrance with stairs leading to first floor - hallway with intercom system, lounge open plan to bedroom which has mirror door fitted wardrobes.
kitchen comprising of a range of wall and base units, worktops, inset sink unit, freestanding gas cooker, and plumbed for automatic washing machine.
Bathroom comprising bath with shower mixer taps, pedestal wash hand basin and low level WC
Externally there is a communal area for drying washing and an external allocated storage cupboard.
We have been advised the current annual ground rent is £10 and the annual service charge is of around £500 (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.
St. Marys Green, Whickham, NE16
Additional Information
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Property refWCK240114
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EPCC
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TenureLeasehold
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Lease length87 years
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Council TaxA
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Local authorityGateshead Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
Do you have a property you need to sell?
Your Move Estate Agents Whickham
Your Move Whickham
Bishop Court Front Street, Whickham, Newcastle upon Tyne, NE16 4JQ
Mon - Fri09:00 - 17:00Saturday09:00 - 13:00SundayClosed
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