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" Auction Guide Price £65,000+
For sale by auction on 5th September 2023, through our auction partner Auction House, North East - for auction details, please visit auctionhouse.co.uknortheast.

With an allocated parking bay and visitor parking spaces, the apartment will most likely suit a couple or single buyer and also represents an excellent buy to let investment opportunity.

Situated on the third floor of this purpose-built building - Greenfield House (built in 2007) - and accessed via the communal stairs, with a telecom entry system, the apartment comprises: entrance hall, spacious living room, fitted kitchen with electric hob and fan-assisted oven, under-lighting to units, extractor hood and plumbing for washing machine or dishwasher. There are two double bedrooms - one with built-in wardrobes and an en suite shower room and the other with a Juliet balcony. The main bathroom is partially tiled and fitted with a bath, pedestal wash basin and W.C.

The apartment has gas central heating and double glazing, with an energy efficiency rating of C. There is also a hatch to a useful loft storage space.

The title to the apartment is leasehold with the 125-year lease having commenced on 1st January 2007 (therefore granted until 31st December 2121. There is an annual ground rent of £150, payable to Freehold Managers (Nominees) Limited, and an annual service charge of £1,180,00 payable to Kingston Property Services (with an option to pay over 10 months by direct debit of £118.00). The lease states that the annual ground rent is scheduled to double every 25 years. The service charges cover window cleaning, external and internal communal area maintenance, communal electricity, buildings insurance, directors and officers insurance, repairs, emergency light testing, smoke detector maintenance, landlord electrical testing, company secretarial fee, companies house fee, accountancy fees, management fee and reserve fund contribution. There are regulations and covenants in the lease that cover the use of the property and also stipulate that the property must be redecorated at least once every seven years. A copy of the lease can be provided to interested potential purchasers.

Greenfield House is one of two purpose-built apartment buildings in Colt Park Woods, which is a modern estate situated off the A694 in Hamsterley, between Shotley Bridge and Rowlands Gill. There are some local amenities in the village and also in nearby Blackhall Mill, while there are further facilities in Consett (4.7 miles) and in Rowlands Gill (3.5 miles). Newcastle city centre is 11.5 miles away with Newcastle International Airport approximately 14 miles. There are local countryside walks and cycle routes in the area, along the Derwent Valley, including the Red Kite Trail and the Derwent Walk.



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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