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Guide price
£52,000

2 bedroom house for sale

Chestnut Street, Ashington
Auction
House
2 beds
1 bath
Added > 14 days

Key information

TenureAsk agent
Council taxBand A

Features and description

  • Modern Method of Auction
  • Bid to Buy
  • Mid Terraced
  • Two Bedrooms
  • Modern Kitchen
  • Buy with Finance
  • Ideal Property to add to a Landlord Portfolio
  • Close to amenities
  • Freehold
  • Council Tax Band A
Ideal property to add to any Landlord portfolio. Currently generating a 10% yield.

Situated close to the town centre and a short drive from the coast.

Briefly comprising entrance hall, lounge, modern kitchen, bathrooms and two bedrooms. There is also a lovely front garden.

Entrance -

Kitchen - Modern fitted kitchen with a range of wall and base units and contrasting work surfaces. Electric hob and integrated electric oven with stainless steel extractor over. Stainless steel sink.

Lounge - Neutrally decorated lounge

Bathroom - Modern grey bathroom with shower over the bath, shower screen , vanity wash hand basin and low level wc

First Floor Landing -

Bedroom One - Neutrally decorated bedroom

Bedroom Two - Neutrally decorated bedroom

External - Garden to the front of the property.

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 (for standard Grade 1 properties). 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.

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About this agent

Susan Spokes Real Estate - South Shields
Susan Spokes Real Estate - South Shields
179a Sunderland Road Harton Village, South Shields NE34 6AD
020 8022 5019
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