For sale by auction is this fantastic investment opportunity. The property comprises a pair of flats situated in Benwell. The ground floor briefly comprises of entrance hall, lounge, kitchen, two bedrooms and bathroom. To the first floor is a entrance with stairs to first floor landing, lounge, kitchen, two bedrooms and bathroom. Externally, there is a yard to the rear.

The ground floor flat is currently vacant and is in need of refurbishment. The first floor flat is currently tenanted.  We have not had sight of the tenancy agreement, but have been verbally advised that the first floor flat is let at £550pcm, with the tenant having been in occupation for approximately 7 years.  The potential rental income for the pair of flats, once works are complete, is in the region of £13,000 per annum.  

The properties are situated on a no through road, at the end of a terrace, and are situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69.

Early viewing is recommended.

Council Tax Band:  A for each flat
EPC Rating:  D for each flat

PRIMARY SERVICES SUPPLY
Electricity:  Mains 
Water:  Mains  
Sewerage:  Mains  
Heating:  Gas heating system to the first floor flat only
Broadband:  ADSL  
Mobile Signal Coverage Blackspot:  No 
Parking:  On Street Parking  

MINING 
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any. 

RESTRICTIONS AND RIGHTS
Listed? No
Conservation Area? No 
Restrictions on property? No
Easements, servitudes or wayleaves? No
Public rights of way through the property? No

RISKS
Flooding in last 5 years: No  
Risk of Flooding: Zone 1 
Any flood defences at the property: No
Coastal Erosion Risk: Low 
Known safety risks at property (asbestos etc…): No

BUILDING WORKS
Any known planning permissions or proposals in the immediate locality:  No 
Outstanding building works at the property:  No

ACCESSIBILITY
This property has no accessibility adaptations.

TENURE
It is understood that this property is leasehold. Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.

Length of Lease:  To be Confirmed
Ground Rent and Service Charge:  To be Confirmed

AUCTION DETAILS

For Sale by Auction:  Thursday 26th February 2026
Bidding opens 24 hours prior at 10am.
Option 1
Terms and Conditions apply

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+VAT (total £2400) Auction Administration Fee. 

Joint Agents: The Agents Property Auction Ltd.  Tel 01661 831 360

Terms and conditions apply see website www. Agents Property Auction. Com

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