- Auction Property
- Spacious First Floor Flat
- Requiring Updating
- Good Sized Living Room
- Two Generous Bedrooms
- Kitchen
- Shower Room/WC
- Sun Trap Private Courtyard
- No Upper Chain
- Leasehold 999 years from 2003
*** AUCTION PROPERTY *** For sale by Modern Method of Auction, Starting Bid Price 110,000 plus Reservation Fee.
NO UPPER CHAIN with this SPACIOUS FIRST FLOOR FLAT (with private outdoor space) enjoying an EXCELLENT LOCATION within a highly regarded residential area served by LOCAL SHOPS, SCHOOLS and easy access to TRANSPORT LINKS to centres across Tyneside, with the SEAFRONT being only minutes away. Although requiring updating, the property represents a FANTASTIC OPPORTUNITY for many byer types be they buying to live in or to let out. We STRONGLY ADVISE UPON AN EARLY VIEWING.
The property has gas central heating and double glazing and has a position giving excellent natural light. To the private ground floor there is an entrance porch and hallway with access out to the rear courtyard garden and stairs to the first floor. Here there is a good-sized living room, 2 generous bedrooms, a kitchen and shower/WC. Externally there is a small paved area to the front where there is also on-street parking (parking bay) and at the rear there is a sun trap of a private courtyard garden area with 2 outhouses. Representing a great choice for many, this property is strongly recommended for an early viewing.
The property is for sale by The Great North Property Auction powered by iam-sold Ltd, tel: 0845 5193 126, www.gnpa.co.uk.
AUCTION This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance.
NON-REFUNDABLE RESERVATION FEE Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee of 4.5% subject to a minimum of 6,600 INCLUDING VAT which secures the transaction and takes the property off the market.
ACKNOWLEDGEMENT OF RESERVATION FORM The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Legal Pack which can be downloaded for free from The Great North Property Auction at: http://www.gnpa.co.uk.
Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to the Modern Method of Auction, which is operated by The Great North Property Auction by iam-sold Ltd.
TO VIEW OR MAKE A BID To arrange a viewing contact Cooke & Co Estate Agents.
To make a bid visit: http://www.gnpa.co.uk.
For more information please tel: 0845 5193126.
Ground Floor
Entrance Porch With double glazed entry door and double glazed window.
Inner Hallway Wall light point, telephone point, staircase to the first floor and door out to the rear courtyard garden.
First Floor
Landing Radiator, large storage cupboard off with hanging space and ladder access into a loft storage area benefiting from boarding.
Living Room 14'9" x 12'9" (4.5m x 3.89m). An excellent all purpose living and entertaining area with radiator, double glazed window, wall light points, TV extension, coved ceiling, a coal effect electric fire set to a feature fireplace display surround, display cabinet.
Front Double Bedroom One 12'10" x 12'2" (3.9m x 3.7m). Radiator, double glazed bay window to one side and double glazed window to the other, thereby providing excellent natural light and also including built-in wardrobe, fitted storage cupboard (both with locker storage over), telephone point.
Rear Double Bedroom Two 9'11" x 8'8" (3.02m x 2.64m). Radiator, built in wardrobe with locker storage over and double glazed window.
Kitchen 8'8" (2.64m) x 7'8" (2.34m) plus entrance area. Stainless steel sink unit with drainer, gas cooker point, wall and floor units, work surfaces, wall tiling, space for fridge freezer, shelved cupboard off, telephone point, central heating boiler and double glazed window.
Shower Room/WC Radiator, walk-in shower cubicle, pedestal wash basin, low level WC, wall and floor tiling, double glazed window.
External To the front of the property there is on street parking available together with a small paved garden area, whilst to the rear the property enjoys a private patio, courtyard garden (21' x 14' approx.) that enjoys excellent hours of sunshine, has a walled surround, water tap and two outhouses (one with power points).
Lease Details We understand the following charges apply
Leasehold: 999 years from circa Nov 2003
All prospective purchasers will need to verify this information with their legal advisor.
Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited. For a free initial consultation contact Darren on 0191 2510011.
**Your home may be repossessed if you do not keep up repayments on your mortgage**
Council Tax North Tyneside Council Tax Band A
Important information
This is not a Shared Ownership Property
This is a Leasehold Property
Property Ref: 20505_CCS240092
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