FOR SALE BY ONLINE AUCTION ENDING 8TH DECEMBER 2023 AT 12PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
Appealing to first time buyers and investors alike is this FOUR BEDROOM MAISONETTE with living space which further includes an 18' lounge / diner, fitted kitchen and a MODERN BATHROOM. A generous enclosed yard lies to the rear. Ideally located for access to the shopping facilities and amenities Gateshead Town Centre has to offer as well as for transport routes and services. Offering a competitive yield return for investors.
Entrance Hall With staircase to the first floor.
First Floor Landing With a central heating radiator and staircase to the second floor.
Lounge / Diner 18'3" x 16'11" (5.56m x 5.16m). With two central heating radiators and two double glazed windows.
Kitchen 14'7" x 7'7" (4.45m x 2.3m). Featuring a range of base units with work surfaces over, tiled splash back surrounds and incorporating a sink with mixer tap fitting. Built in appliances include an electric oven and gas hob whilst space is provided for the inclusion of a washing machine and a free standing fridge/freezer. The kitchen houses the central heating boiler and has a double glazed window. A door provides access to the stairs which provide access to the rear yard.
Bathroom Equipped with a modern suite incorporating a panelled bath with shower over, low level wc and a pedestal hand wash basin. The bathroom has tile effect bathroom splash back cladding to the walls and a double glazed window.
Bedroom One 17' x 10'8" (5.18m x 3.25m). With two double glazed windows to the front, coving to the ceiling and a central heating radiator.
Bedroom Two 10'4" x 7'6" (3.15m x 2.29m). With a double glazed window and a central heating radiator.
Second Floor Landing With a generous built in walk in cupboard for storage.
Bedroom Three 11'5" x 9'10" (3.48m x 3m). With a velux style window and laminate flooring.
Bedroom Four 14'8" x 8'11" (4.47m x 2.72m). With a double glazed window and laminate flooring.
External A yard lies to the rear.
Tenure Sarah Mains Residential have been advised by the vendor that this property is leasehold, although we have not seen any legal written confirmation to be able to confirm this. Please contact the branch if you have any queries in relation to the tenure before proceeding to purchase the property.
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 £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
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.
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.
Tenure Type : Leasehold
End Lease Date: 03/01/3011
Council Tax Band: A
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This is a Leasehold Property