This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. A purpose built LARGER STYLE TWO BEDROOM FIRST FLOOR FLAT situated close to the hospital and other local facilities. The property has been recently redecorated and carpeted and would ideally suit investor/developer. The main features include a larger style 17'0" x 13'0" lounge diner with open aspect to front, two good sized bedrooms, upvc double glazing and gas central heating. PRICED FOR AN IMMEDIATE SALE, viewing is recommended to appreciate the opportunity on offer.
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 4.2% subject to a minimum of £6,000 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: www.gnpa.co.uk.
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.
To View Or Make A Bid - To arrange a viewing contact Cooke & Co Estate Agents
To make a bid visit: www.gnpa.co.uk
Ground Floor -
Entrance Lobby - New upvc style entrance door, stairs off to first floor.
. - .
First Floor -
Landing - Radiator.
Lounge - 17'1" x 13'1" (5.21m x 3.99m) - Two large double glazed windows provide excellent natural lighting, open aspect to front, TV point, dado rail, double radiator.
Kitchen - 9'2" x 7'8" (2.79m x 2.34m) - Range of wall and floor units, stainless steel sink unit, built in hob, oven and extractor, double glazed window, central heating boiler.
Bedroom One - 12'2" x 10'11" (3.71m x 3.33m) - Double glazed window with open aspect to front, built in cupboard, radiator.
Bedroom Two - 11'2" x 7'5" (3.40m x 2.26m) - Double glazed window, built in wardrobe, radiator.
Bathroom / Wc - White low level WC, wash hand basin, panelled bath, shower, splash tiling, extractor fan, radiator.
External -
Agent's Notes - * Immediate Vacant Possession
* Fabulous Value for Money
* Great Location next to Hospital
* Ideal for Investor/Buy to Let
Lease & Maintenance Charges - Lease details to be confirmed
We understand the following applies
Leasehold: Approx 72 years remaining Ground Rent: TBC
Service Charge: TBC
All prospective purchasers will need to verify this information with their legal advisor
Mortgage Advice - A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited. For a free initial consultation contact Darren on 0191 2510011.
**Your home may be repossessed if you do not keep up repayments on your mortgage**
"The contents of the property as portrayed by attached photographs are not specifically included as part of any sale." "As the sellers agent we are not surveyors or conveyancing experts and as such we cannot and do not comment on the condition of the property, or issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.
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