2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (37 years remaining)
- For Sale By Auction
- Thursday 12th December 2024
- 2 Bedroom Ground Floor Flat
- Large South Facing Back Garden
- Access To Garage Via Garden
- UPVC Double Glazing
- Replacement Vaillant Combination Boiler
- Ideal Investment Opportunity
- Requires Refurbishment
A two-bedroom ground floor flat with a garage and a good-sized enclosed back garden on a popular modern estate. The property is offered at an excellent price reflecting the need for refurbishment and lease extension. An ideal investment opportunity with good rental potential following renovations. The layout comprises a porch, lounge, kitchen, inner hall, two bedrooms and shower room/wc (converted from bathroom). The garage in the adjacent block can be accessed from the back garden. The flat has uPVC double glazing and a gas central heating system with a replacement Vaillant combination boiler (system not tested).
Arcadia forms part of an established residential estate. Situated on the fringe of Ouston it allows easy access to local shops and amenities. The area is especially convenient for easy access to Chester-le-Street, Birtley, Gateshead and Newcastle upon Tyne.
Agents Property Auction Note 1
The Agents Property Auction have not inspected this property, and J W Wood has supplied the property details. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors before exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No staff member has any authority to make or give representation or warranty concerning this property.
For sale by auction, see
Agents Property Auction Note 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level at which the bidding will commence. The reserve price is the seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can change up to and including the auction day. The successful buyer pays a £2,000+vat (total £2,400) Auction Administration Fee. We can refer you to a North East based Solicitor from our panel at your request. It is your decision whether you choose to deal with them. Should you decide to use them, you should know that we would receive a referral fee of £120 including VAT from them, for the recommendation.
Agents Property Auction Note 3
A copy of the title is available upon request. We recommend that all potential buyers seek legal advice and satisfy their requirements before purchasing.
Agents Notes:
Tenure: Leasehold
Term: 99 years from 1 March 1963
Ground Rent: £10 as to the land in this title and Insurance Rent. Payable annually in advance on 1st March.
Covenants: Standard estate covenants affect the property. Details are contained within the Lease dated 14th November 1966 and referred to within the Land Registry Title Register, which are available for inspection.
Council Tax Band: A (Durham County Council)
Conservation Area: No
Selective Licencing Area: Not Included.
Sale Subject to Grant Of Probate. The vendor advises this is now completed.
Mains Services: Gas, Electricity, Water, Sewage
Broadband: Superfast fibre broadband is available in the postcode 80 mb/s. BT and Sky satellite/fibre TV are also available.
Mobile Coverage: Major networks provide mobile coverage.
Flood Risk: Rivers & Seas – No Risk; Surface Water – Very Low
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Property reference CLS240448. 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 J W Wood Estate Agents - Chester-le-Street.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on July 15, 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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on July 15, 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 April 21, 2016 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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