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Two-Bedroom First-Floor Leasehold Flat

Two-Bedroom First-Floor Leasehold Flat

Address

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Auction date

25 Nov 2026

Guide price

£32,000

Type

Flat

Tenure

Leasehold

EPC Rating

C

Status

Upcoming

Auction location placehbolder

Description

This two-bedroom first-floor flat in Cramlington is offered with vacant possession and requires floor coverings and some cosmetic improvement. Its layout and guide price may appeal to buyers seeking a refurbishment project or a potential addition to an investment portfolio.

  • Accommodation comprises a hall, lounge, kitchen, two bedrooms and bathroom
  • Leasehold, with a new 990-year lease to be granted on completion
  • Peppercorn ground rent; review and service-charge details are to be confirmed in the lease documents
  • EPC rating: C
  • Floor coverings and cosmetic improvements are required
  • Close to Cramlington town centre amenities, with transport links and Newcastle city centre approximately nine miles south

The property is being sold leasehold, with the stated new long lease and peppercorn ground rent; buyers should review the legal pack for further lease details. The listing notes potential for strong net returns at the guide price, although buyers should assess refurbishment needs and investment assumptions independently.

Last update: 10 Nov 2026

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