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" Auction Started and set it end at 29-01-2024 at 14:00

We will keep in contact with you throughout the sale process to keep you up to date on activity.

Starting Price: £35,000.00

For sale by modern method of Auction, Reservation fees apply, guide price of £35,000

Investment opportunity, cosmetic improvement required, ideal for rental investment. Two bedroom maisonette with private yard to the rear. No upper chain details.

Located in the heart of this residential estate in North Shields, only a short distance from the town centre and also the popular Royal Quays. Local shops, amenities and Transport links are all on the doorstep as well as popular schools. Metro links are close by for commuting into Newcastle and coastal towns.

The property is ideal for a rental investment and would benefit from cosmetic improvements throughout. Benefiting from gas central heating and briefly comprising: Entrance hallway, kitchen area with access to the rear yard. To the first floor there are two bedrooms, lounge and a bathroomWC. Externally there is a private rear yard. Viewing is by appointment through our branch.

Council Tax Band A
EPC Rating D
Leasehold 999 years from 20 March 2008 to 20 March 3007

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.6% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

PLEASE CONTACT THE AUCTION DEPARTMENT FOR FURTHER DETAILS ON THE ABOVE



Location    Located in the heart of this residential estate in North Shields, only a short distance from the town centre and also the popular Royal Quays. Local shops, amenities and Transport links are all on the doorstep as well as popular schools. Metro links are close by for commuting into Newcastle and coastal towns.

Description    The property is ideal for a rental investment and would benefit from cosmetic improvements throughout. Benefiting from gas central heating and briefly comprising: Entrance hallway, kitchen area with access to the rear yard. To the first floor there are two bedrooms, lounge and a bathroomWC. Externally there is a private rear yard. Viewing is by appointment through our branch.

Leasehold 999 years from 20 March 2008 to 20 March 3007

Entrance hallway    Double glazed door, stairs to first floor, radiator, under stairs storage cupboard and door to kitchen.

Kitchen 7‘5&quote; x 9‘9&quote; (2.26m x 2.97m). Double glazed window to the rear, glazed door to the rear.

Landing    Picture rail and doors off to.

Lounge 12‘4&quote; x 15‘4&quote; (3.76m x 4.67m). Glazed window to the front, chimney breast with alcoves to either side, laminate flooring, picture rail and radiator.

Bedroom one 15‘4&quote; x 11‘2&quote; (4.67m x 3.4m). Glazed window to the rear, chimneybreast and alcoves, picture rail, laminate flooring and radiator.

Bedroom two 10‘4&quote; x 7‘8&quote; (3.15m x 2.34m). Glazed window to the front, picture rail, laminate flooring and radiator.

BathroomWC    Low level WC, pedestal wash hand basin, bath, shower cubicle with electric shower, two double glazed frosted windows to the rear and radiator.

Auction Terms    For sale by modern method of Auction, Reservation fees apply, guide price of £35,000

Investment opportunity, cosmetic improvement required, ideal for rental investment. Two bedroom commuting into Newcastle and coastal towns.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.6% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

PLEASE CONTACT THE AUCTION DEPARTMENT FOR FURTHER DETAILS ON THE ABOVE



IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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