Unique Opportunity to Invest Your BBX Pounds, in a UK Property…
2 x 1 Bed Apartments for Sale in South Shields, with a 25% Deposit on BBX
Summary of Important Information
- Address: Hatfield House, Borough Road, North Shields, NE29 6JZ
- Selling Price: £64,950, with 25% deposit on BBX
- Land Registry Info Available on Request
- Lease Plans Available on Request
- Zoopla estimates that rental of £350 pcm could be gained
- Leasehold 125 years
- Ground Rent £250 per annum
- Estimated service charge £550 per annum
| Unit No | Bed | Level | Size (Sq Foot) | Value |
| 21 | 1 | Three | 344 | £64,950 |
| 30 | 1 | Three | 343 | £64,950 |
Click here for Unit 21 floor plan.
Click here for Unit 30 floor plan.
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- Hatfield House Entrance
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- Hatfield House Street View
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- Unit 30 – Building Location
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- Unit 30 – Floor Plan
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- Unit 21 – Building Location
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- Unit 21 – Floor Plan
Kitchen
Tiled over worktops – two rows of white tiles over workshop with splashback
Electric Oven hob and extractor – Howdens
Stainless Steel sink and drainer – Single
Fitted Wall and Base Units – Standard Cream
Tiled Floor – Slate Tiles
Bathroom
Electric towel rail.
Bath & Shower – matching 3 piece suite, White in Colour
Electric showers – Yes
Electric water heaters – 15 litre under sink Water Heater
Tiled showers and tiled over wash basins – Standard tiles – neutral colours
Tiled Floor – Standard Tiles – neutral colours
Carpeting – All fitted, beige in colour with underlay
Living Room
Bedrooms
Hallways
Communal Areas (commercial carpeting)
Other
Walls white
Ceiling lights in main living areas – pendant lights
Spot lights in bathroom, kitchen and hallways – no spotlights
Electric storage heating throughout – fixed to walls, Slim line.
Smoke Alarms – as per building regulations
Power Sockets throughout (including the bedroom) – 2 sockets per room
TV Aerial Socket – in Living Room only
Telephone Socket – Living room only
Other information:
Floor plans for this development are attached and the respective available flats are highlighted for easy identification. Hatfield House was built in 1995 as a sheltered housing development. The present owners, ”Hatfield House Ltd” have re-developed and re-built the property to its present high standard, to as new quality. Also attached is a recent Land Registry report that shows recent sales of flats within this development demonstrating that the average selling price of a 1 bedroom flat has been £65,616. Zoopla estimates show that a predicted sales figure for those already sold is marginally higher than the purchase prices paid to date.
This property offer presents a unique opportunity for Members to either add to their existing BTL portfolio or to gain a first foothold in the BTL market. Zoopla estimates that rental of £390 pcm could be gained per flat with present market conditions. All units are Leasehold 125 years. Ground Rent £250 per annum, Estimated service charge £550 per annum. Please note as of April 1st all BTL properties are now charged Stamp Duty.
EPC`s,(Energy Performance Certificates) are available to download without charge for all these flats from: https://www.epcregister.com
When on front Page head for “Retrieve report using property address”, enter postcode,(NE29 6JZ)
