£140,000

3 bed semi-detached house for sale in Kenton Road, Newcastle upon Tyne (ref: RS0339)

Shortlist

Key features

  • For sale by Auction
  • Refurbishment Project
  • EPC Rating C
  • Buy to Flip Investment
  • Enclosed Rear Yard
  • Ample Transport Links
  • No Chain

Video

Kenton Road is a new three-bed semi-detached auction property, providing a fantastic full refurbishment opportunity, ideal for investors or homebuyers looking to add value.

Full refurbishment project - strong value-add potential:

This property requires modernisation throughout, making it an ideal project for those looking to refurbish and increase value. Whether you're planning to resell or rent, there is clear scope to improve the property and achieve a higher return once works are complete. Buying at auction also presents the opportunity to secure the property at a competitive price point with a quick purchase.

Great location with strong growth potential:

Situated in the popular NE3 area of Newcastle, the property benefits from excellent connectivity. Just 3 minutes from Fawdon Metro Station, 9 minutes to Newcastle City Centre, 12 minutes to Central Station, and 12 minutes to the Metrocentre, it's ideally placed for commuters and tenants alike. supporting long-term value growth.

EPC Rating C - improved efficiency:

With an EPC rating of C, the property already meets current rental standards, reducing the need for immediate energy efficiency upgrades and making it more appealing for future tenants.

Upon entering, you are welcomed into the living room, featuring a large bay window which allows for plenty of natural light. The space offers a solid base for modernisation.

To the rear, the property opens into a spacious kitchen, with room to incorporate a dining area or reconfigure to suit your needs. This leads out to a large enclosed yard, easily convertible into a private family garden, complete with an outhouse, providing additional storage or potential for further use.

Upstairs, the property comprises three bedrooms, one double and two single rooms. The primary bedroom benefits from built-in wardrobe space. The bathroom includes a bath and offers scope for updating.

Externally, there is off-street parking available on a private driveway to the front.

The property is ideally positioned close to key transport links and major road networks, providing easy access to surrounding areas and neighbouring towns, making it a practical choice for both investors and future occupiers.

Additional features include double glazing and gas fired central heating via combination boiler.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Council Tax Band: A (Newcastle City Council)
Tenure: Freehold
Parking options: Driveway, Off Street
Garden details: Private Garden
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains


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Stamp duty due

Based on a sale price of £140,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

8 Property images

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Further details

  • New Listing: launched in the last 10 days
  • Status: Available
  • Council tax band: A
  • Tenure: Freehold
  • Parking spaces: Driveway, Off Street
  • Outside spaces: Private Garden
  • Reference: 711651

Location

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