3 bedroom terraced house

*FOR SALE BY MODERN AUCTION. AUCTION ENDING @ 2PM ON WEDNESDAY 12TH JULY 2023*
A three bedroomed mid terraced house in need of full refurbishment. This is an excellent and rare opportunity to create a lovely home to the purchaser's own taste and requirements. With gas heating, the Entrance Hall leads to the Reception hall and on to the Lounge, with wall mounted gas fire and all with corniced ceilings. The Dining Room has a gas fire and a storage cupboard. The Kitchen is fitted with a range of units, split level oven and hob and there is a door to the rear. Stairs lead from the hall to the First Floor Landing. Bedroom 1 is to the rear. Bedroom 2 is to the front and has a range of fitted wardrobes/storage cupboards. Bedroom 3 is to the front. The Bathroom has a wash basin and panelled bath with electric shower over. The Wc has a low level wc. Externally is a Rear Yard with newly installed up and over door.

This property is conveniently situated with good access to local amenities, Percy Main Metro Station and main road links to the A19, Coast Road and the Tyne Tunnel for access around Tyneside.

Entrance Hall - 1.24m x 1.02m (4'1 x 3'4) -

Reception Hall -

Lounge - 4.01m x 3.91m (13'2 x 12'10) -

Dining Room - 4.45m x 4.19m (14'7 x 13'9) -

Kitchen - 3.89m x 2.59m (max) (12'9 x 8'6 (max)) -

First Floor Landing -

Bedroom 1 - 4.22m x 3.56m (13'10 x 11'8) -

Bedroom 2 - 4.17m x 3.20m (13'8 x 10'6) -

Bedroom 3 - 3.15m x 2.21m (10'4 x 7'3) -

Bathroom - 2.84m x 2.21m (9'4 x 7'3) -

Wc - 1.37m x 0.91m (4'6 x 3'0) -

Auctioneer Comments - 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 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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.

REFERRAL ARRANGEMENTS
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.