No longer on the market
This property is no longer on the market
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Floorplan
Map2 bedroom apartment
Key information
Features and description
- Ground Floor Flat
- Two Bedrooms
- Requires Updating
- Traditional Features
- Council Tax Band A
- EPC Rating F
FOR SALE BY ONLINE AUCTION ENDING 13TH MAY 2025. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
Two-Bedroom Ground Floor Flat – Refurbishment Opportunity in Prime Location
Set in a highly sought-after residential area, this ground floor flat presents an exciting opportunity for investors or those looking to take on a rewarding refurbishment project. Ideally positioned for access to a vibrant selection of local cafés, bars, restaurants, and shops, as well as transport links, this property offers both convenience and potential.
The accommodation comprises a spacious lounge featuring a traditional style fireplace, a fitted kitchen equipped with built-in cooking appliances, and two generously sized bedrooms. One bedroom also boasts a traditional style fireplace, while the other benefits from decorative coving and attractive stripped and varnished floorboards. A bathroom with a white three-piece suite completes the internal layout.
While the property requires updating, it retains plenty of character and provides a fantastic canvas for a stylish and personalized renovation.
Early viewing is highly recommended to appreciate the potential this property has to offer – book your appointment today!
Rooms
Entrance Hallway 4.3m x 1.05m
Lounge 4.38m x 3.3m
Kitchen 2.33m x 2.27m
Bathroom 1.79m x 1.76m
Bedroom One 4.28m x 3.88m
Bedroom Two 3.37m x 2.2m
Tenure
Sarah Mains Residential have been advised by the vendor that this property is leasehold, although we have not seen any legal written confirmation to be able to confirm this. Please contact the branch if you have any queries in relation to the tenure before proceeding to purchase the property.
Property Information
Local Authority: Gateshead
Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this. Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Virgin, Sky – Basic, Superfast, Ultrafast in the area
Mobile Network Coverage: EE, Vodafone, Three, O2 in the area
Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Terms & Timescales
This property is being sold subject to unconditional purchase premium auction terms and conditions. Immediate exchange of contracts. Completion must take place within 28 days.
Legal Pack
A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £3000 inc VAT. This does not form part of the purchase price.
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
The auction will continue to run if there is a bid within 10 minutes of the closing time. After 10 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This (truncated)
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