8 Bed Terraced House For Sale Ocean Road, South Shields, NE33

£240,000- Terraced

Auction Property
1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 26th April 2024

Description

FOR SALE BY WAY OF ONLINE AUCTION - ON 30TH OF MAY 2024. Terms and Conditions apply. See Agents Property Auctions Website for full details.

Situated on Ocean Road this EIGHT BED former Guest House will have great appeal. Well positioned in the heart of South Shields, the property is located just a short stroll to both Town Centre and Beach front. There are a great range of restaurants and bars located along Ocean Road and Marine Park is accessible. The property offers great potential to be used as a Guest House but also offers potential to be converted into a residential Home. The property offers extensive living space set over THREE Floors, the current floor plan comprises: Entrance Hall with Two Guest Rooms located off whilst there is a Dining Room to the rear that leads to the Kitchen. There are Three Guest Rooms with En-Suites on the first floor and a further Three to second floor. Externally there is a private yard to rear and a spacious Garage. The property is to be sold with no onward chain and an early viewing is advised.
ENTRANCE HALLWAY
Radiator, stairs to first floor landing and storage cupboard.
BEDROOM EIGHT 5.46m (17'11) x 4.6m (15'1)
UPVC double glazed bay window to the front, living flame effect gas fire with feature surround, double radiator and laminate flooring.
BEDROOM EIGHT EN -SUITE
Shower, wash basin and W.C.
BEDROOM SIX 4.67m (15'4) x 3.76m (12'4)
UPVC double glazed window to the rear, double radiator.
BEDROOM SIX EN-SUITE
Shower, hand wash basin and W.C.
DINING ROOM 4.27m (14'0) x 4.22m (13'10)
UPVC double glazed bay window to the side, radiator and door to rear.
KITCHEN 4.14m (13'7) x 2.29m (7'6)
Fitted with a range of wall and base units, sink with mixer tap, plumbing for dishwasher, space for fridge freezer, fitted electric oven, fitted four ring ceramic hob with extractor hood, UPVC double glazed window to the side and laminate flooring.
BEDROOM SEVEN 4.52m (14'10) x 2.39m (7'10)
UPVC double glazed window to the side and to the rear, storage cupboard and door into-
BEDROOM SEVEN EN-SUITE
Shower and hand wash basin.
SEPARATE W.C.
UPVC double glazed window to the side, low flush w.c. and tiled surround.
FIRST FLOOR LANDING
Stairs to second floor.
BEDROOM ONE 4.39m (14'5) x 3.76m (12'4)
UPVC double glazed window to the rear and radiator.
BEDROOM ONE EN-SUITE
Shower, hand wash basin and low flush W.C.
BEDROOM TWO 5.38m (17'8) x 3.76m (12'4)
UPVC double glazed bay window to the front and radiator.
BEDROOM TWO EN-SUITE
Shower, hand wash basin and low flush W.C.
BEDROOM THREE 2.97m (9'9) x 2.08m (6'10)
UPVC double glazed window to the front and radiator.
BEDROOM THREE EN-SUITE
Shower, hand wash basin and low flush W.C.
SECOND FLOOR LANDING
UPVC double glazed window to the rear and storage cupboard.
BEDROOM FOUR 3.76m (12'4) x 2.92m (9'7)
Skylight, radiator and storage cupboard.
BEDROOM FOUR EN-SUITE
Shower, hand wash basin and low flush W.C.
BEDROOM FIVE 4.45m (14'7) x 4.6m (15'1)
UPVC double glazed window to the front and radiator.
BEDROOM FIVE EN-SUITE
Shower, hand wash basin and low flush W.C.
EXTERNALLY
Garden to the front, patio seating area and access to the front of garage.
GARAGE
Roller door access, plumbing for washing machine, space for fridge freezer and door.
AUCTION DISCLAIMER
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 sellers 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 £2000.00+VAT (total £2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel:
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Disclaimer
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.
Council Tax
There is no Council Tax band registered to this property as it was used as a bed and breakfast and therefore will be paying business rates.

EPC Rating: C
Agent Details
Andrew Craig
582, Durham Road, Gateshead, NE9 6HX
Show Contact Number
0191 487 5330

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 8 bedroom property. See more properties like this.

See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested