HIGHLY REGARDED LOCATION
THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
Representing an ideal investment opportunity is this second floor conversion apartment with entry phone system and which is to be sold with a TENANT IN SITU. The living space includes a hallway, lounge, kitchen, bathroom and double bedroom. Ideally situated for access to the shops, cafes, bars and restaurants Jesmond has to offer as well as for access to transport routes, bus services and local METRO STATION which provide commuter links to Newcastle City Centre and the surrounding areas.
Communal Entrance Accessed via the intercom entry phone system and having staircase access to all floors.
Apartment Hallway With stripped floorboards and housing the entry phone system.
Lounge/Diner 15'9" x 12'2" (4.8m x 3.7m). A spacious reception room with a sash style window, a Velux style window and a central heating radiator. The room has stripped and varnished floorboards and a focal point feature fireplace. A loft access hatch provides access to the loft space.
Kitchen Fitted with a range of kitchen units with work surfaces over, tiled splash back surrounds and incorporating a stainless steel sink with drainer. Space is provided for the inclusion of a washing machine and fridge and there is a built in electric hob. The kitchen area has a Velux style window.
Bathroom The bathroom has tiling to the walls and is equipped with a panelled bath with shower over and shower screen, low level wc with a concealed cistern and a hand wash basin set to a matching vanity storage unit. The room has a tiled floor and a heated towel radiator.
Double Bedroom 13' x 8'3" (3.96m x 2.51m). The bedroom has a sash style window, two Velux style windows and a central heating radiator.
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, 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 : Leasehold
Council Tax Band: A
Read less
This is a Leasehold Property
Report a Maintenance Issue
