FOR SALE BY ONLINE AUCTION. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
A well presented ground floor flat appealing to first time buyers and investors alike. The living space includes a lounge, fitted kitchen, two double bedrooms and a bathroom. Externally, an enclosed garden lies to the front and rear with a patio area. Local amenities and facilities are available within Cowgate whilst transport routes and services provide commuter links to Newcastle City Centre and the surrounding areas.
Entrance Lobby With a tiled floor and a double glazed window.
Hallway With two built in storage cupboards.
Lounge 14'11"x10'5" (4.55mx3.18m). Positioned to the front aspect of the property with a double glazed bow window, a central heating radiator and a wall mounted electric fire set to the chimney breast.
Dining Kitchen 11'10"x9'7" (3.6mx2.92m). Located to the rear aspect of the property with a double glazed window and offering a range of wall and base units with work surfaces over, matching upstands and a stainless steel sink with drainer. Built in cooking appliances include an electric oven and hob whilst under bench space is available for the inclusion of a washing machine. Further space is available for a free standing fridge/freezer. The kitchen houses the wall mounted central heating boiler and has a double glazed door to the rear.
Bedroom One 11'3"x9'1" (3.43mx2.77m). With a double glazed bow window to the front elevation and a central heating radiator.
Bedroom Two 9'6"x8'7" (2.9mx2.62m). With a double glazed window to the rear and a central heating radiator. A built in cupboard/wardrobe provides space for storage.
Bathroom Equipped with a panelled bath with electric shower over and shower screen, low level wc and a pedestal hand wash basin. The bathroom has part tiled walls and a tiled floor, a central heating radiator and a double glazed window.
External There is a garden to the front and the garden to the rear is mainly laid to lawn with a paved patio area.
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.
Property Information Local Authority Newcastle
Flood Risk - This property is listed as currently having no risk of flooding 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 flood risk before proceeding to purchase the property.
TV and Broadband BT and Sky Basic, Ultrafast
Mobile Network Coverage EE, Vodafone, Three, O2
Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Terms and 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 4870011 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: 01/01/2990
Council Tax Band: A
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This is a Leasehold Property