1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- Second Floor Flat
- Investment Opportunity
- One Bedroom
- Sold with Tenant in Situ
- Sought After Location
- Council Tax Band A
- EPC Rating D
FOR SALE BY ONLINE AUCTION ENDING 13TH DECEMBER 2024 AT 12PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
Representing an ideal investment opportunity is this second floor conversion apartment with entry phone system and which is to be sold with a TENANT IN SITU. The living space includes a hallway, lounge, kitchen, bathroom and double bedroom. Ideally situated for access to the shops, cafes, bars and restaurants Jesmond has to offer as well as for access to transport routes, bus services and local METRO STATION which provide commuter links to Newcastle City Centre and the surrounding areas.
Rooms
Communal Entrance
Accessed via the intercom entry phone system and having staircase access to all floors.
Apartment Hallway
With stripped floorboards and housing the entry phone system.
Lounge/Diner 4.8m x 3.7m
A spacious reception room with a sash style window, a Velux style window and a central heating radiator. The room has stripped and varnished floorboards and a focal point feature fireplace. A loft access hatch provides access to the loft space.
Kitchen
Fitted with a range of kitchen units with work surfaces over, tiled splash back surrounds and incorporating a stainless steel sink with drainer. Space is provided for the inclusion of a washing machine and fridge and there is a built in electric hob. The kitchen area has a Velux style window.
Bathroom
The bathroom has tiling to the walls and is equipped with a panelled bath with shower over and shower screen, low level wc with a concealed cistern and a hand wash basin set to a matching vanity storage unit. The room has a tiled floor and a heated towel radiator.
Double Bedroom 3.96m x 2.51m
The bedroom has a sash style window, two Velux style windows and a central heating radiator.
Tenure
Sarah Mains Residential have been advised by the vendor that this property is leasehold, 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.
Property Information
Local Authority: Newcastle
Flood Risk: This property is listed as currently having no risk of flooding 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 flood risk before proceeding to purchase the property.
TV and Broadband: BT, Virgin, Sky – Basic, Superfast, Ultrafast
Mobile Network Coverage: EE, Vodafone, Three, O2
Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers 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.
Legal Pack
A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.
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)
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*DISCLAIMER
Property reference NEW220977. 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 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
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
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 December 14, 2009 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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