2 bedroom flat for sale
Tyne And Wear, NE37 3EF
flat
bedrooms
Property photos
+9
Property description
Ideal Investment Property in popular residential area
Guide Price: £19,000+
For sale by online auction on 08/05/2023 12:00, ending on 08/05/2023 17:55.
UK Property Auctions are pleased to bring to the auction this 2 bed apartment in a popular residential area.
ACCOMODATION
This two bedroom flat comprises entrance hall leading to a spacious lounge, fitted kitchen with a range of base and wall units, Family Bathroom and Two good sized bedrooms bedrooms and is
Benefitting from uPVC double glazing and Gas Central Heating it will make an excellent addition to the buy to let land lords portfolio.
Lounge 19'0 x 14'6
Kitchen 10'6 x 5'9
Bedroom 1 11'0 x 11'0
Bedroom 2 10'9 x 10'0
Bathroom
PROPERTY PARTICULARS
Leasehold Term125 years from April 1986
Ground Rent £10 Per Annum
Service Charge £1000 Per Annum
INCOME
Property is currently tenanted on an AST at £430 PCM
WE ADVISE ALL POTENTIAL PURCHASERS TO READ THE TERMS AND CONDITIONS WITHIN THE LEGAL PACK
Terms of Sale
Property is for sale by the modern method of auction. This is an unconditional sale. The Purchaser shall pay a 5% deposit (subject to a minimum of £5,000) upon the fall of the hammer. In addition, a 3% Buyers Premium, Subject to a minimum £6000 and contracts are exchanged. The purchaser is legally bound to buy, and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers
Some vendors will accept offers prior to auction, however these must be above the guide price to be considered. If any such offer is accepted the property will still be sold under auction terms and conditions.
General
While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact Uk Property and we will be pleased to check the position for you.
The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.
Services
Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
Anti-Money Laundering Regulations:
In line with anti-money Laundering regulations Intending purchasers will be asked to produce identification documentation and maybe proof of funds when submitting an offer to purchase the property.
Particulars
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers. Neither Uk Property Group or any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
Guide Price: £19,000+
For sale by online auction on 08/05/2023 12:00, ending on 08/05/2023 17:55.
UK Property Auctions are pleased to bring to the auction this 2 bed apartment in a popular residential area.
ACCOMODATION
This two bedroom flat comprises entrance hall leading to a spacious lounge, fitted kitchen with a range of base and wall units, Family Bathroom and Two good sized bedrooms bedrooms and is
Benefitting from uPVC double glazing and Gas Central Heating it will make an excellent addition to the buy to let land lords portfolio.
Lounge 19'0 x 14'6
Kitchen 10'6 x 5'9
Bedroom 1 11'0 x 11'0
Bedroom 2 10'9 x 10'0
Bathroom
PROPERTY PARTICULARS
Leasehold Term125 years from April 1986
Ground Rent £10 Per Annum
Service Charge £1000 Per Annum
INCOME
Property is currently tenanted on an AST at £430 PCM
WE ADVISE ALL POTENTIAL PURCHASERS TO READ THE TERMS AND CONDITIONS WITHIN THE LEGAL PACK
Terms of Sale
Property is for sale by the modern method of auction. This is an unconditional sale. The Purchaser shall pay a 5% deposit (subject to a minimum of £5,000) upon the fall of the hammer. In addition, a 3% Buyers Premium, Subject to a minimum £6000 and contracts are exchanged. The purchaser is legally bound to buy, and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers
Some vendors will accept offers prior to auction, however these must be above the guide price to be considered. If any such offer is accepted the property will still be sold under auction terms and conditions.
General
While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact Uk Property and we will be pleased to check the position for you.
The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.
Services
Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
Anti-Money Laundering Regulations:
In line with anti-money Laundering regulations Intending purchasers will be asked to produce identification documentation and maybe proof of funds when submitting an offer to purchase the property.
Particulars
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers. Neither Uk Property Group or any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
Interested in this property?
Council tax
First listed
Over a month agoTyne And Wear, NE37 3EF
Marketed by
UK Property Auctions - Melton Mowbray The Croft Melton Road Hickling Pastures, Melton Mowbray LE14 3QGPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tyne And Wear, NE37 3EF - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by UK Property Auctions - Melton Mowbray. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact UK Property Auctions - Melton Mowbray for full details and further information.
