FOR SALE BY ONLINE AUCTION ENDING 7TH FEBRUARY 2022 AT 12PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
TO PLACE BIDS AND DOWNLOAD LEGAL DOCUMENTS GO TO -
sarah-mains.eigonlineauctions.com/lot/details/85311
IDEAL INVESTMENT OPPORTUNITY, a first floor flat with three bedrooms. The location offers convenient access to the amenities and facilities offered in and around Gateshead Town Centre as well as for access to transport routes and services to the surrounding areas. This property is being sold with a tenant in SITU.
Entrance Lobby Accessed via a double glazed entrance door and having a dado rail, laminate flooring and internal door to the hallway.
Entrance Hallway With staircase to the first floor landing.
Lounge 14'5" x 11'6" (4.4m x 3.5m). With dado rail, focal point feature fireplace, a central heating radiator and a double glazed window.
Shower Room The shower room has a shower enclosure, low level wc and a pedestal hand wash basin. The room has a double glazed window and a central heating radiator.
Bedroom One 14'9" x 9'10" (4.5m x 3m). The master bedroom has a range of fitted wardrobes to one wall, a picture rail, coving to the ceiling and a double glazed bay window.
Kitchen 12'2" x 8'10" (3.7m x 2.7m). Presented with a range of wall and base units with work surfaces over, tiled splash back surrounds and incorporates a sink unit with mixer tap fitting. Built in cooking appliances include an electric oven and gas hob with extractor positioned above. Space is provided for the inclusion of a washing machine and an under bench fridge and freezer. The kitchen has a double glazed window, a single glazed window and houses the central heating boiler.
Bedroom Two 9'2" x 7'10" (2.8m x 2.4m). With a double glazed window and a central heating radiator.
Bedroom Three 10'10" x 6'7" (3.3m x 2m). With a double glazed window and a central heating radiator.
Rear Lobby With double glazed exit door.
External A yard is located to the rear.
Terms & Timescale 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 £3000 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
On Line 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.
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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This is a Leasehold Property
- The annual cost for the ground rent on this property is £
- The review period for the ground rent on this property is every year
- Ground rent on this property could increase by up to % at the end of every review period
- The annual service charges for this property is £