Faraday Grove, Gateshead, NE8

FOR SALE BY ONLINE AUCTION . THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.

SUPER INVESTMENT OPPORTUNITY, this extremely spacious two bedroom (formerly three bedrooms) FIRST FLOOR flat is CONVENIENTLY SITUATED for access to local shopping facilities, amenities, schooling and transport services. Offering WELL PRESENTED ACCOMMODATION and boasting a GENEROUS LOUNGE, fitted kitchen and bathroom. A yard to the rear completes the property externally.

Entrance Lobby    Accessed via a double glazed entrance door and with a staircase to the first floor.

First Floor Landing

Lounge 18'9" x 14'10" (5.72m x 4.52m). An extremely generous reception room with twin windows overlooking the rear. The room has two central heating radiators and a useful built in storage cupboard.

Kitchen 12'1" x 7'8" (3.68m x 2.34m). Featuring a range of wall and base units with work surfaces over, tiled splash back surrounds and incorporates a stainless steel sink with mixer tap fitting. Built in cooking 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 wall mounted central heating boiler and has a central heating radiator.

Inner Lobby    With a double glazed door providing access to the rear yard.

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 tiling to the walls and a central heating radiator.

Bedroom One 14' x 9'9" (4.27m x 2.97m). A generous double benefiting from a range of fitted sliding door wardrobes and having a central heating radiator and an outlook to the front.

Bedroom Two 9'6" x 8' (2.9m x 2.44m). With an outlook to the front elevation and a central heating radiator.

External    An enclosed yard lies to the rear which is predominantly paved and has a decked patio area and bin storage area.

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.
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: 30/11/2082
Council Tax Band: A Read less