This property is no longer on the market
![Front External](https://media.onthemarket.com/properties/13406395/1450199730/image-0-1024x1024.jpg)
![Front External](https://media.onthemarket.com/properties/13406395/1450199730/image-0-1024x1024.jpg)
![Lounge](https://media.onthemarket.com/properties/13406395/1450199730/image-1-1024x1024.jpg)
1 bedroom apartment
Key information
Property description & features
- Tenure: Freehold
- Investment Opportunity
- Double Bedroom
- Fitted Kitchen
- Shower Room
- Council Tax Band A
- EPC Rating E
FOR SALE BY ONLINE AUCTION ENDING 26TH JULY 2023 AT 12PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
Appealing to first time buyers and investors alike, with over 10% competitive yield return for investors is this WELL PRESENTED, ground floor flat with FITTED KITCHEN, generous lounge, double bedroom and shower room. The location offers convenient access to the wide range of amenities and facilities offered in and around Gateshead Town Centre whilst transport routes and services provide excellent links to the surrounding areas.
Rooms
Entrance Hallway
With a central heating radiator and a built in cupboard for storage.
Lounge 4.14m x 3.75m
Positioned to the front aspect of the property with two double glazed windows, laminate flooring and a wall mounted gas fire.
Bedroom 3.1m x 2.67m
With a double glazed window and a central heating radiator.
Kitchen 3.74m x 1.95m
Positioned to the rear of the property with a double glazed window, a double glazed door to the enclosed outdoor sitting area and a central heating radiator. Featuring a range of modern wall and base units with work surfaces over, tiled splash back surrounds and incorporating a sink with drainer and mixer tap fitting. Space is provided for the inclusion of a free standing cooker, washing machine and fridge/freezer.
Shower Room
Equipped with a corner shower enclosure with electric shower over and tiled splash back surrounds, low level wc and a pedestal hand wash basin with tiled splash back.
External
An enclosed sitting area is located to the rear.
Tenure
Sarah Mains Residential have been advised by the vendor that this property is freehold, 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.
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.
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)
Places of interest
See more properties like this:
*DISCLAIMER
Property reference AUC230007. 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 provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Sarah Mains - Auctions.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on August 22, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on August 22, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 17, 2014 from 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.