1 bedroom apartment for sale

Features and description

Rooms

AUCTION
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance.

NON-REFUNDABLE RESERVATION FEE
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee of 4.5% subject to a minimum of £6,600 INCLUDING VAT which secures the transaction and takes the property off the market.

ACKNOWLEDGEMENT OF RESERVATION FORM
The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Legal Pack which can be downloaded for free from The Great North Property Auction at: . Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to the Modern Method of Auction, which is operated by The Great North Property Auction by iam-sold Ltd.

Ground Floor

Entrance Lobby
Double glazed entry door, staircase to the first floor.

First Floor

Landing
Radiator and door leading to rear staircase, giving access to the private rear yard.

Living Room/Bedroom 4.27m x 3.4m
Situated to the front of the property and including radiator, double glazed window with vertical blinds and useable as either living room or if preferred as a double bedroom.

Front Bedroom Two 3.23m x 2.34m
Radiator, double glazed window with vertical blinds.

Living Room/Kitchen 4.7m x 3.84m
Versatile living/dining and entertaining space situated to the rear of the property with double radiator, TV extension, stainless steel sink unit with drainer, gas cooker point, chimney style extractor hood, plumbing for washing machine, a good range of gloss wall and floor units, work surfaces, wall tiling and double glazed window with fitted blinds.

Bathroom/WC 1.98m x 1.68m
Panelled bath with shower over, pedestal wash basin, low level WC, wall tiling and double glazed window.

External
There is on street parking available and at the rear there is a private yard.

Lease Information
We understand the following applies: Leasehold: 999 years from 1998 All prospective purchasers will need to verify this information with their legal advisor

Council Tax
North Tyneside Council Tax Band A

Auction Notes
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated)

Location Map

Energy Performance Certificate

Property information from this agent

• Particulars