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"For sale by Modern Method of Auction; Starting Bid ?67,000.00 plus Reservation Fee. Enjoying this very central location, the opportunity to purchase this first floor flat is now available and should prove of particular interest to the first-time buyers. The accommodation briefly comprises of communal entrance lobby, stairs to first floor landing, private hall, lounge with feature fire surround, two bedrooms; the second bedroom with fitted storage, kitchen with wall and floor units/fitted hob and access to a modern bathroom with shower cubicle. The property has double glazing and gas central heating. Viewing of this property is essential to assess features and position. You may also consider this property as a buy to let. We would anticipate a rental figure in the region of ?400 pcm. 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 buyers 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. 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 3.5% to a minimum of ?5,000.00 + VAT (?1,000.00) = (?6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. 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 Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd.

Lounge 3.91 x 4.48 (12'10' x 14'8') Kitchen 3.50 x 1.66 (11'6' x 5'5') Bathroom W/C Bedroom One 3.63 x 2.59 (11'11' x 8'6') Bedroom Two 1.86 x 1.87 (6'1' x 6'2') Bathroom External You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website."