Lot 23 - 5 Cotfield Walk, Gateshead, Tyne And Wear, NE8 1TG
- Unconditional Online Auction Sale
- Guide Price* : £65,000
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
2 bedroom ground floor apartment
Description
- Two-bedroom ground floor flat
- Newly decorated throughout
- Enclosed rear garden and front lawn
- Spacious lounge and separate kitchen
- Gas central heating and double glazing
- Available immediately with no onward chain
- Ideal first-time buy or investment
- Currently tenanted for £550pcm
- Potential rent £650pcm
Located on Cotfield Walk in Bensham, this well-presented and newly decorated ground floor flat offers a fantastic opportunity for a range of buyers, including first-time purchasers, downsizers, or investors looking for a ready-to-let property in a well-connected area. The flat benefits from generous room sizes, modern amenities, and an enclosed rear garden – perfect for enjoying outdoor space in a private setting. Cotfield Walk enjoys a convenient position within easy reach of local amenities, schools, and transport links, making it an ideal home for those seeking modern living with excellent connectivity. Gateshead town centre, Saltwell Park, and Newcastle’s vibrant city centre are all just a short drive away, with nearby bus routes and road links via the A1 offering swift access throughout the region.
The accommodation briefly comprises:
Entrance Hall – Welcoming hallway with access to all rooms
Lounge (13'1" x 12'7") – Bright and spacious, with double glazed window to the rear, coving, ceiling rose, TV and telephone points, and radiator
Kitchen (11'1" x 10'6") – Fitted with modern wall and base units, coordinating worktops, single bowl sink, built-in oven and gas hob with extractor, washing machine, combi boiler, radiator, and double glazed front-facing window
Master Bedroom (12'7" x 7'8") – Side-facing double glazed window and radiator
Bedroom Two (9'7" x 10'5") – Double glazed window to the front and radiator
Bathroom – White three-piece suite with panelled bath and shower over, low-level WC, partial tiling, extractor fan, ceiling rose, and radiator
Externally:
Front Garden – Mainly laid to lawn with fenced boundaries
Rear Garden – Enclosed and ideal for outdoor relaxation
Situated close to local amenities and transport links, this is a must-see property in a popular residential area.
Please note that the selling agent has not carried out an internal inspection of the property. All descriptions, measurements, and other details have been provided by the vendor in good faith and are believed to be accurate. However, prospective purchasers must rely on their own inspections and due diligence. The agent accepts no responsibility for any inaccuracies or omissions in the information provided.
ADDITIONAL TERMS
1. This lot is for sale subject to unconditional auction terms.
2. If the reserve price is met or exceeded, contracts will exchange with immediate effect upon the close of the auction.
3. Following exchange of contracts, parties have 28 days in which to complete the purchase (unless specified otherwise in the special conditions).
4. A non-refundable deposit of 5% is payable within 1 hour of the auction closing.
5. The winning bidder is to make payment to the auctioneer a reservation fee of 6% including VAT subject to a minimum of £6,000 including VAT. The reservation fee is payable in addition to the purchase price and is payable within 1 hour of the auction closing.
6. An administration charge of £714 including VAT is payable by the successful buyer within 1 hour of the auction closing.
7. A legal pack has been provided by the seller’s solicitor and is available to download. We strongly recommend reviewing this thoroughly and discussing any queries with your solicitor prior to bidding.
8. I acknowledge that the seller may accept my bid at any time prior to the scheduled auction end date.
Council Tax Band
A
Lease Start Date
18/03/1996
Lease Duration
125 years (95 years unexpired)
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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