FOR SALE BY ONLINE AUCTION ENDING 29TH AUGUST 2024 AT 12PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
Set within this popular residential location is this tenth floor apartment which boasts impressive far reaching views and benefiting from an intercom entry system and lift and staircase access to all floors. Requiring UPDATING AND REFURBISHMENT and offering living space which includes a spacious lounge/diner, kitchen, TWO DOUBLE BEDROOMS, bathroom and separate wc. This apartment will appeal to a wide range of potential purchasers.
Apartment Hallway A spacious entrance into the property and providing access to the lounge, kitchen, bathroom, separate wc and two bedrooms. The hallway has a radiator and a built in storage cupboard.
Lounge/Diner 18'6" x 10'4" (5.64m x 3.15m). A spacious, dual aspect reception room with two double glazed windows taking in impressive far reaching views to the front and side elevations and a radiator.
Kitchen 12'10" x 5'3" (3.9m x 1.6m). Offering a range of wall and base units with work surfaces over, tiled splash back surrounds and incorporates a sink with drainer. Space is provided for the inclusion of a free standing electric oven with an extractor positioned over. The kitchen has a double glazed window taking in the far reaching views and a radiator. A built in cupboard provides space for additional storage.
Bedroom One 14'9" x 10'5" (4.5m x 3.18m). A generous double bedroom with a double glazed window taking in the far reaching views, a built in storage cupboard and a radiator.
Bedroom Two 14'8" x 10'5" (4.47m x 3.18m). The second double bedroom has a radiator, built in storage and a double glazed window which again takes in the far reaching views.
Bathroom Equipped with a panelled bath with an electric shower over and a wall mounted hand wash basin. The room has part tiled walls and a radiator.
Separate WC Equipped with a low level wc.
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 Gateshead
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, Virgin and Sky Basic, Superfast, 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 & 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 487 0011 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: 19/03/2115
Council Tax Band: A
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This is a Leasehold Property