Malcolm Street Portfolio, 91&91A Malcolm Street, Newcastle upon Tyne, Tyne and Wear, NE6 5PN
This portfolio is made up of 2 flats that comprise of a 1-bedroom ground floor flat and a 3-bedroom duplex which and is an ideal opportunity for investors. Both flats will be sold together as a whole and share the same freehold, both flats have had a successful rental history and are located in a sought-after suburb which is popular with students and professionals alike.
Ground Floor Flat (Flat 91): Entrance hallway, Sitting Room, Kitchen, Bathroom, Bedroom 1
First Floor (Flat 91A): Landing, Kitchen, Bedroom 1, Bedroom 2, Sitting Room, Bathroom
Second Floor (Flat 91A): Landing, Bedroom 3
Outside: Rear yard
Fixtures And Fittings
The Items specifically mentioned in the particulars of sale are included in the sale price.
Mains water, mains electricity, mains drainage and mains gas central heating.
Council Tax Band: A
EPC Rating 91: C
EPC Rating 91A: D
By appointment through Rettie Newcastle, 101 St Georges Terrace, Jesmond, Newcastle, NE2 2DN, 0191 3389999
1. The property is sold with all faults and defects, whether of condition or otherwise and neither the seller nor Rettie Newcastle LLP, the selling agent, are responsible for such faults and defects, nor for any statement contained in the particulars of the property prepared by the said agent.
2. The Purchaser(s) shall be deemed to be knowledgeable that he has not entered into contract in reliance on the said statements, that he has satisfied himself as to the content of each of the said statements by inspection or otherwise and that no warranty or representation has been made by the seller or the said agents in relation to or in connection with the property.
3. Any error, omission or mis-statement in any of the said statements shall not entitle the purchaser(s) to rescind or to be discharged from this contract, nor entitle either party to compensation or damages nor in any circumstances to give either party any cause for action.
Proof and Source of Funds/Anti Money Laundering
Under the HMRC Anti Money Laundering legislation all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds. This may include evidence of bank statements/funding source, mortgage or confirmation from a solicitor the purchaser has the funds to conclude the transaction.
All individuals involved in the transaction are required to produce proof of identity and proof of address.
This is acceptable either as original or certified documents.
The property is accessed privately via the shared ground floor entrance, coming through the entrance hallway you will find a private entrance for each flat.
Entering 91 Malcolm Street you will find a spacious living room which looks out over the rear courtyard. Continuing on towards the rear of the property you will find the kitchen with ample worktop and cupboard space, from here you have access into the rear yard. Following on from there is the bathroom which is a 3-piece suite that includes WC, wash basin and bath. The bedroom occupies the front aspect of the property and is a generous double bedroom with a large bay window.
91A Malcom Street is accessed through the hallway entrance and following the stairs up to the first floor where you will find the kitchen as you come up and go towards the rear of the property, this kitchen is more spacious and will have more cupboard and worktop space. Following through here is the bathroom which is also a 3-piece suite comprising of WC, wash basin and bath. Along the landing you will find the living room and bedroom 1 which have currently been swapped round as they are both versatile and spacious rooms. Coming up to the second floor is bedrooms 2 & 3 which are both large and light double bedrooms. This property also has the necessary HMO licence in place.
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
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