- Large Maisonette
- Four Bedroom Home
- No Onward Chain
- Central Tynemouth Position
- Gas Central Heating
- Handy For The Metro
- Covering Three Floors
- Yard To The Rear
- Super Possibilities
- Viewing Essentail
Kings Priory School (0.1mi.)
King Edward Primary School (0.7mi.)
Christ Church CofE Primary School (0.8mi.)
If you are looking for an investment property with stacks of potential, this extremely large maisonette could be the perfect property for you. The living space is spread over three floors and briefly comprises:- entrance lobby, master bedroom and a bathroom. On the first floor you are presented with a sizeable breakfasting kitchen and a vast main reception room with two large bay windows. On the second floor you have a further three bedrooms. On the ground floor there is a storage area and access to a private yard. There is currently a shop below which is on an extremely long lease. The lease which is in place is saleable by the current lease holder, so the likely-hood of the shop transferring back to the Freeholder is not set in stone.
The exact location affords ease of access to the A19 and the Tyne Tunnel. The A1058 Coast Road is also close by so you have a direct route to the coast or Newcastle City Centre. There are also good links to public transport facilities which include prime bus routes and of course the Metro service. For the growing family the property is well positioned for access to well regarded schools. As you would expect the property is warmed with gas central heating and also boasts the benefit of no onward chain.
In order to get a real feel for this property and to assess the full potential, you should view the property as soon as possible. This will give you a much better understanding of how charming this property is and the immense possibilities it offers.
For sale by Modern Method of Auction: Starting Bids £225,000 plus Reservation Fee
This property is for sale by The Great North Property Auction powered by iam-sold.
Main Reception Room - 9.24 x 5.27 (30'3" x 17'3") -
Kitchen - 4.66 x 5.07 (15'3" x 16'7") -
Master Bedroom - 4.80 x 4.95 (15'8" x 16'2") -
Bedroom Two - 4.65 x 3.02 (15'3" x 9'10") -
Bedroom Three - 4.75 x 2.49 (15'7" x 8'2") -
Bedroom Four - 3.34 x 2.41 (10'11" x 7'10") -
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, IAM Sold.
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.
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 IAM Sold 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 £220.00 including VAT towards the preparation cost of the pack, where it has been provided by IAM Sold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Property information from this agent
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