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Two Bedroom Ground Floor Leasehold Flat Requiring Improvement

Two Bedroom Ground Floor Leasehold Flat Requiring Improvement

Address

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Auction date

26 Nov 2026

Guide price

£23,000

Type

Flat

Tenure

Leasehold

EPC Rating

D

Status

Upcoming

Auction location placehbolder

Description

This two-bedroom ground-floor flat in South Shields is offered with vacant possession and requires some improvement. Its location close to Chichester underground station provides direct connections to the town centre and beyond.

  • Ground-floor accommodation includes a hall, lounge, kitchen, two bedrooms and bathroom
  • Leasehold tenure, with a new 990-year lease to be granted on completion
  • Peppercorn ground rent; review details are to be confirmed in the lease documents
  • Vacant possession upon completion
  • EPC rating: D
  • One mile south of South Shields centre and amenities

The flat is highlighted as a potential high-yield investment, although the listing notes that improvement is required. Buyers should review the legal pack and make independent enquiries about the lease and the work needed before bidding.

Last update: 10 Nov 2026

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