2 bedroom ground floor flat for sale
Key information
Property description & features
- Tenure: Leasehold (978 years remaining)
- For Sale by Modern Auction
- T & C’s Apply
- Subject to Reserve Price
- Buyers Fees Apply
- The Modern Method of Auction
- Transport Links Nearby
- Close to Local amenities
- Council Tax Band *A*
- Leasehold
- Call For More Informaiton
For sale by Modern Method of Auction: Starting Bid Price £58,500 plus Reservation Fee
This property is for sale by The Great North Property Auction powered by iam-sold.
Jan Forster Estates welcome to the market this two bedroom ground floor flat. The property is located within a popular residential area close to excellent transport links, and local amenities including Saltwell park. The property is offered for sale with the benefit of no upper chain and will appeal to a variety of buyers.
Briefly comprising; entrance hallway, under stair storage, lounge, two bedrooms, kitchen and bathroom. The property benefits from gas central heating and double glazing. Externally there is a town garden to the front and private yard to the rear.
Viewings come highly recommended. For more information please call our Gateshead branch on[use Contact Agent Button].
Tenure
The agent understands the property to be leasehold. However, this should be confirmed with a licenced legal representative.
Council Tax band *A*.
Lounge - 4.42 x 3.71 (14'6" x 12'2") -
Kitchen - 3.94 x 2.35 (12'11" x 7'8") -
Bedroom One - 3.94 x 4.34 (12'11" x 14'2") -
Bedroom Two - 4.31 x 2.27 (14'1" x 7'5") -
Auctioneer's 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.
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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Property reference 32927537. 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 Jan Forster Estates - Gateshead.
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021
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 January 17, 2021 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.
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