*** AUCTION PROPERTY *** For sale by Modern Method of Auction, Starting Bid Price £52,500 plus Reservation Fee.
A FABULOUS OPPORTUNITY is on offer with this GENEROUSLY PROPORTIONED GROUND FLOOR FLAT that has a large garden and GARAGE included. Enjoying a TRAFFIC FREE WALKWAY position, it is located conveniently for accessing the wide ranging local amenities including shops, schools, transport links and recreational options. Although requiring refurbishment it does have double glazing and HUGE POTENTIAL. It will suit a variety of buyers and we STRONGLY RECOMMEND AN EARLY VIEWING to avoid disappointment.
The property is for sale by The Great North Property Auction powered by iam-sold Ltd, tel: 0845 5193 126, www.gnpa.co.uk.
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: http://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: http://www.gnpa.co.uk.
For more information please tel: 0845 5193126.
Ground Floor
Entrance Porch Double glazed door.
Living Room 16'3" x 11'9" (4.95m x 3.58m). Overlooking the large front garden and with access thereto via double glazed door, an excellent living and entertaining area that includes additional double glazed window with fitted vertical blinds, TV point and an electric fire set to a display plinth surround.
Kitchen 11'3" x 7'9" (3.43m x 2.36m). Also situated to the front and including stainless steel sink unit with drainer, cooker point, wall and floor units, work surfaces, wall tiling, plumbing for washing machine, storage cupboard off, double glazed window with roller blind.
Additional Kitchen Photo
Inner Hallway Airing cupboard off plus a larger storage cupboard.
Rear Double Bedroom One 10'7" x 10'4" (3.23m x 3.15m). Double glazed window with roller blind, dimmer switch control.
Rear Double Bedroom Two 11'8" (3.56m) plus wardrobe x 7'8" (2.34m). Double glazed window with roller blind, built in double wardrobe, night storage heater and dimmer switch control.
Bathroom/WC Panelled bath with shower over, pedestal wash basin, low level WC, wall tiling, double glazed window.
External To the front of the property there is a large twin lawned garden with flower borders and fenced surround, whilst immediately to the rear there is a smaller paved/border area included. Within the area there is on-street parking available but also included with the property is a garage situated in a block nearby.
Garage 8'5" x 16' (2.57m x 4.88m). With up and over door.
Lease Details 149 years from 30.11.2011
Expiry date of lease 31.12.2160
Ground Rent: Not exceeding £15 per annum
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**
Council Tax Band North Tyneside Council Tax Band A
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This is a Leasehold Property
