Lot 16 - 4 Lyndhurst Road, Ashington, Northumberland, NE63 9SS
- Unconditional Online Auction Sale
- Guide Price* : £40,000
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
Two Bedroom Ground Floor Flat
Description
Two bedroom ground floor flat available at auction, cash buyers only, sold with no onward chain.
A project property, this is a two bedroom ground floor flat located in the popular area of Ashington. This is a property in need of refurbishment and is being sold at auction.
Available to CASH BUYERS ONLY due to there being 44 years left on the current lease.
The flat comprises of an entrance porch, which in turn provides access into the living room. Walking through the living room there is access to the kitchen and hallway. The living room is bright and well proportioned, featuring a large UPVC window, papered walls and cornicing. The kitchen has a fitted kitchen, tiled splashbacks, an integrated oven and hob, and access to the rear garden.
Following on through the hallway there are two good sized bedrooms, both of which have papered walls, and a family bathroom which sits at the heart of the flat. The bathroom comes with a heated towel rail, a three-piece bathroom suite including a WC, basin and tiled shower.
Externally there is a small, gated garden to the front, and sizeable private garden to the rear that is enclosed by a fence. Also, to the rear sits a private garage which houses a large UPVC window and plenty extra storage space.
Located in a popular residential area of Ashington, this property benefits from a wide range of local amenities, including supermarkets, retail parks, schools, healthcare facilities and leisure centres, all within close proximity. Excellent transport links via the A189 Spine Road provide convenient access to Newcastle, Morpeth and the wider North East, making the area attractive to commuters and local residents alike.
Ashington continues to benefit from significant investment and regeneration, including town centre improvements, new housing developments and infrastructure upgrades. The forthcoming Northumberland Line rail service has further enhanced the area's appeal, improving connectivity and supporting long term growth prospects.
The town offers a diverse range of employment opportunities across healthcare, education, retail, manufacturing and the offshore energy sector, helping to sustain strong rental demand. With affordable property prices, ongoing regeneration and excellent transport connections, Ashington remains a popular choice for buy to let investors seeking reliable rental yields and future capital appreciation.
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
11/11/1971
Lease Duration
99 years (44 years unexpired)
Vendors Solicitor
* 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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