Stainton Drive, Felling, NE10

FOR SALE BY ONLINE AUCTION ENDING 15TH JULY 2022 AT 12PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.

ONLINE VIEWING REPLAY - https://www.gavl.com/play/8qqG4prJmc/stainton-drive-felling-tyne-and-wear-ne10

Beautifully presented FIRST FLOOR apartment, realistically priced and representing an ideal purchase for first time buyers and investors alike. Offering a GENEROUS lounge, fitted BREAKFASTING KITCHEN, two well-proportioned bedrooms and a MODERN shower room. Conveniently located for local shops and amenities, public transport services and road links to Gateshead and Newcastle city centre.

The Accommodation Comprises:

Entrance Lobby    Access comes via a double glazed door leading to the lobby with stairs rising to the first floor.

First Floor Landing    With a wall mounted electric heater, two built-in storage cupboards, coving to the ceiling and access to the loft which is partially boarded for storage purposes.

Lounge 14'8"x11'1" (4.47mx3.38m). An attractive reception room offering laminate flooring, coving to the ceiling, electric heater, coving to the ceiling, spotlights and a double glazed window to the front elevation.

Breakfasting Kitchen 11'1"x8'5" (3.38mx2.57m). Fitted with a range of wall and base units with work surfaces over incorporating a sink and drainer unit with mixer tap, electric cooker point, extractor hood, plumbing and recess for a washing machine, tiled splash backs, room to accommodate a table and chairs, built-in storage cupboard and a double glazed window.

Shower Room    Equipped with a contemporary suite comprising: corner shower cubicle, wash hand basin, low level wc with concealed cistern, tiled walls, tiled floor, extractor fan and a double glazed window.

Bedroom One 11'9"x10'4" (3.58mx3.15m). Featuring laminate flooring, coving to the ceiling and a double glazed window to the front elevation.

Bedroom Two 11'9"x5'2" (3.58mx1.57m). With laminate flooring and a double glazed window to the front elevation.

Externally    There is a bin store and access to visitor parking.

Terms & Timescales    This property is being sold subject to unconditional purchase premium auction terms and conditions. Immediate exchange of contracts. Completion must take place within 28 days.

Legal Pack    A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.

Deposit    In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) which contributes towards the overall purchase price of the property.
The deposit is non-refundable.

Buyer Fees    This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £2,400 inc VAT. This does not form part of the purchase price.

More Information    For further information please contact our auction department on 0191 239 0812 or email auctions@sarahmains.com

Online Auction Notice    I hereby acknowledge and confirm the following:
Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.

At the point of registration you will be required to insert credit or debit card details as a way of payment towards the deposit and or purchase premium. We will pre authorise a nominal amount which will be detailed prior to bidding. This amount will only be debited from your account should you be the successful bidder, if you are unsuccessful the agreed amount will be released back to your card within five working days. If you are the successful bidder the agreed amount will be debited at the close of the auction, we will then contact you to confirm if any additional funds are required to cover the deposit and purchase premium. The balance is expected to be paid within the same day as the auction ends.

The auction will continue to run if there is a bid within 10 minutes of the closing time. After 10 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system makes it fairer for all parties involved and prevents last second bidding.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice.

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