1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (115 years remaining)
- Auction Property
- Ground Floor Flat
- Fabulous Potential
- No Upper Chain
- Spacious Living Room
- Kitchen and Shower Room
- Double Bedroom
- Gardens to front side and rear
- Leasehold
- Council Tax Band A
NO UPPER CHAIN and FABULOUS POTENTIAL are on offer with this SPACIOUS, sell-contained, GROUND FLOOR FLAT that enjoys an excellent location CLOSE TO HIGHLY REGARDED LOCAL SCHOOLS, SHOPPING and EXTENSIVE TRANSPORT LINKS to Tyneside centres. Although requiring REFURBISHMENT it will be of appeal to a VARIETY OF BUYERS be they be FIRST TIME BUYER, 'BUY TO LIVE IN' or INVESTORS.
The property does have gas central heating and double glazing with the accommodation being a private entrance hall, living room, kitchen, double bedroom, a shower/WC and externally there are gardens to front, side and rear.
The property represents a SUPERB OPPORTUNITY and an EARLY VIEWING is STRONGLY ADVISED.
The property is for sale by The Great North Property Auction powered by iam-sold Ltd, [use Contact Agent Button], .
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 FEE
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.
Entrance Hall
Double glazed door, double glazed window to side and storage cupboard off.
Living Room 3.73m x 3.7m
Situated to the front of the property and including radiator, double glazed picture window with fitted blinds, TV point.
Additional Living Room Photo
Kitchen 2.97m x 2.29m
Radiator, stainless steel sink unit with drainer, cooker point, plumbing for washing machine, work surfaces, wall and floor storage units, two storage cupboards off, one with combi central heating boiler and door out to rear.
Double Bedroom 3.4m x 3.18m
Radiator, built in storage cupboard, double glazed picture window with fitted blinds.
Shower Room/WC
2.41m max x 2.03m - Radiator, shower area, wash basin, low level WC, wall tiling, double glazed window.
External
The property has predominantly lawned gardens to front, side and rear and there is also an outside store.
Lease Details
We understand the following applies
Leasehold: 125 years from 2015
Ground Rent: £200 p.a.
All prospective purchasers will need to verify this information with their legal advisor.
Agent's Notes
We have been informed that North Tyneside Council, as the freeholders, will be undertaking external works due to be carried out in the first quarter of 2025.
The works include:
- New wall ties
- Repointing
- Renewed cavity wall insulation
Other general works identified by North Tyneside Council include:
- Cleaning gully prior to works commencing
- Supply and fitting new rain water downpipes to exciting gutters
- Removing and refitting hopper heads
- Removing and replacing any damaged brickwork
- Power washing pathways and re-instating any disruption to garden with top soil and grass seed.
We have been informed that the current owner of no. 2 Thirlmere Avenue will bear the share of the costs associated with the ownership of no. 2 Thirlmere Avenue.
Council Tax
North Tyneside Council Tax Band A
Location Map
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