FOR SALE BY ONLINE AUCTION ENDING 14TH NOVEMBER 2024. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
Set within the ever popular residential area of Sandyford, the location offers convenient access to Warwick Stadium, the Ouseburn valley and Newcastle city centre. This spacious end-of-terrace property offers an excellent development opportunity for its new owner. On the ground floor, there are two reception rooms, a large kitchen, two bathrooms, a superb workshop space, and a good sized garage measuring 4.90m x 12.42m (maximum measurements) for off street parking. Upstairs, there is a landing off which are two double bedrooms. From the living room stairs lead down to a double basement area. The building, once a commercial premises, but today zoned as residential, offers tremendous development potential and could be adapted to many purposes depending on the buyers aspirations, subject to obtaining relevant planning consent. It is in need of reimagining and complete refurbishment by the new owners.
Lounge 14'6" x 11'9" (4.42m x 3.58m). Positioned to the side of the property with a double glazed window. A staircase provides access down to the basement.
Dining Room 10'11" x 9'10" (3.33m x 3m). The dining room has a tiled floor and a central heating radiator.
Kitchen 16'7" (5.05m) x 14'2" (4.32m) Max Measurements. Housing some kitchen units with work surfaces over, a sink unit with drainer, wall mounted boiler and having two windows.
Bathroom One Equipped with a panelled bath with an electric shower over and a low level wc. The room has part tiled walls, a tiled floor, window and a central heating radiator.
Bathroom Two Equipped with a shower tray with a shower over, low level wc and a pedestal hand wash basin. This bathroom has a central heating radiator.
Basement Lobby 11'5" x 6'8" (3.48m x 2.03m). Providing access to both basement areas.
Basement Space One 11'3" x 9'2" (3.43m x 2.8m). With a central heating radiator.
Basement Space Two 11'3" x 8'11" (3.43m x 2.72m). With a central heating radiator.
First Floor LandingBedroom One 11'11" x 10'2" (3.63m x 3.1m). With a double glazed window, a central heating radiator and coving to the ceiling.
Bedroom Two 13' x 9'11" (3.96m x 3.02m). With coving to the ceiling, a central heating radiator and a double glazed window.
Workshop 21'4" (6.49m) x 17'6" (5.33m) Max Measurement. An extremely useful space with a window overlooking the kitchen, a central heating radiator and having a tiled floor.
Garage 40'9" (12.42m) x 16'1" (4.9m) Max Measurement. Offering space for off street parking and accessed via a roller garage door.
Tenure Sarah Mains Residential have been advised by the vendor that this property is freehold, 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, Virgin, 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 : Freehold
Council Tax Band: B
Read less
This is a Freehold property.