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£100,000 Guide price Mortgage options

3 bedroom terraced house for sale

Stamfordham Road, North Fenham, Newcastle upon Tyne

Online viewing
Reduced

£100,000 Guide price Mortgage options

3 bedroom terraced house for sale

Stamfordham Road, North Fenham, Newcastle upon Tyne

Online viewing
Reduced

Description

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Property features

  • Tenure: Freehold
  • Sold By Modern Auction ( T&C Apply)
  • Subject To A Undisclosed Reserve Price
  • For Sale By Auction
  • Three Bedroom
  • Garden
  • Gas Central Heating
  • Good Transport links
  • Great Investment
  • Great location
  • Ideal Buy To Let

Nearest stations

Kingston Park (1.7mi.)
Green Line
Bank Foot (1.8mi.)
Green Line
Fawdon (1.8mi.)
Green Line

Nearest schools

school icon  English Martyrs' RC Primary School (0.2mi.)
Good
school icon  Thomas Walling Primary Academy (0.3mi.)
Inadequate
school icon  Sacred Heart Primary School (0.5mi.)

Property description

FOR SALE VIA THE MODERN METHOD OF AUCTION

Located on Stamfordham Road, North Fenham is this Three Bedroom terraced property available with no onward chain. The property has been rented out for a number of years and has offered a wonderful rental income for a number of years. The property has recently been decorated throughout with a new kitchen and bathroom.

The property is in a fantastic location for access to the A1, A69 and the A167 corridor. Local bus services also pass by to provide a direct bus link to Newcastle City Centre. Morrisons and Aldi Supermarket is also close by.

Rental income in the area of a similar property is currently generating a gross income of around £600-£650 PCM.

To arrange a viewing, please call our sales team on[use Contact Agent Button] or visit , Facebook, twitter or Instagram

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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.

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 £300.00 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.

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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 01235 244890

DISCLAIMER

Property reference RS0196. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fairs Estates - Tyne and Wear. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Call rate information

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