£95,000

2 bed flat for sale
Market Lane, Dunston NE11

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Chain free
  • Leasehold

Living Local

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About this property

  • ***chain free***

  • Upper Floor Flat

  • Two Bedrooms

  • Vacant or Air B&B Business

  • Close to Metrocentre and A1

  • EPC Rating C

***chain free - first home or investment opportunity*** This first floor flat in the popular area of Dunston offers opportunities for a variety of buyers. The property is currently run as a successful Air B&B but can also be sold with vacant possession. The property comprises of entrance hall, spacious lounge/dining room, two bedrooms and a bathroom W/C. Externally parking is available on street to the front and rear. Situated within easy access of local shops and transport links. Viewing essential! EPC rating C.

Lounge/Diner (21' 2'' x 14' 10'' (6.45m x 4.53m) max)

Feature fireplace. Dual aspect windows.

Kitchen (10' 8'' x 8' 0'' (3.24m x 2.44m))

Fitted with a range of wall and base units. Integrated oven/hob.

Bedroom 1 (13' 11'' x 11' 7'' (4.24m x 3.54m) max)

Feature fireplace. Bay window with views towards Newcastle.

Bedroom 2 (10' 2'' x 9' 1'' (3.10m x 2.78m))

Bathroom (7' 11'' x 6' 0'' (2.41m x 1.83m))

Bath with shower over, wash basin, W/C.

Externally

Space to the rear for bins. Parking available on street to the front and rear.

Additional Information

Council tax band: A
We understand this property is leasehold
Mobile phone coverage and broadband availability:
Coal mining: The North East has a widespread coal mining heritage and many properties are built within the vicinity of historic coal mining. We have not been made of aware of any specific issues with this property. Your conveyancer may carry out a coal mining search.

Leasehold Information

Length of original lease: 999
Original date: 1991
Years remaining: 964
Annual ground rent: £0
Annual service charge: £0

Air B&B Information

The property is currently trading as an Air B&B and can be sold fully furnished and still trading (including management and future bookings) to a purchaser if required. We have been given the following figures from the current owners:
Average nightly rate: £80
Average occupancy: 75%
Potential average monthly income after running costs are deducted: £1,000
More information can be provided on request.

Important Note To Purchasers

We have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. The measurements are a guide to prospective buyers only and are not precise. We have not carried out a structural survey and the services, appliances and fittings have not been tested by us. If you require any further information, please contact us.

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More information

  • Tenure

    Leasehold (964 years)

  • Service charge

  • Council tax band

    A

  • Ground rent

    £0

  • Ground rent date of next review

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Property descriptions and related information displayed on this page are marketing materials provided by - Living Local. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Living Local for full details and further information.