*** AUCTION PROPERTY *** For sale by Modern Method of Auction, Starting Bid Price £125,000 plus Reservation Fee.
Situated on Regent Terrace in North Shields a three bedroom end terrace house in need of updating. Briefly comprising; entrance hall, lounge, dining room, kitchen and lean-to/conservatory. Upstairs there are three bedrooms and a shower room/WC.
There is shared access to the side leading to a detached garage at the rear. Front and rear gardens with open aspect to the rear. Gas central heating and double glazing. To arrange a viewing call COOKE & CO.
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.
The Property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where is has been provided by iamsold.
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: 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.
The property is for sale by The Great North Property Auction powered by iam-sold Ltd. To make a bid visit: http://www.gnpa.co.uk. For more information please tel: 0845 5193126.
Ground Floor
Entrance Hall UPVC entrance door. Staircase to the first floor. Doors lead to the lounge, dining room and kitchen. Radiator.
Lounge 16'1" x 12'9" (4.9m x 3.89m). A good size main reception room with feature fireplace. Large double glazed bay window to the front. Radiator.
Dining Room 12'8" x 10'2" (3.86m x 3.1m). Window to the rear. Radiator.
Kitchen 10'2" x 6' (3.1m x 1.83m). Fitted with a range of wall and base units. Sink unit Integrated electric oven and gas hob with extractor above. Space and plumbing for a washing machine. Double glazed window to the side. Door through to the lean-to/conservatory at the rear.
Lean-to/Conservatory Windows and door to the rear leading to the rear garden.
First Floor
Landing Doors lead to the three bedrooms and shower room/WC. Double glazed window to the side.
Bedroom One 14'1" x 11'7" (4.3m x 3.53m). Double glazed window to the front. Fitted wardrobes with mirror fronted sliding doors. Radiator.
Bedroom Two 12'8" x 10'4" (3.86m x 3.15m). Double glazed window to the rear. Radiator.
Bedroom Three 7'9" x 7'5" (2.36m x 2.26m). Double glazed window to the front. Radiator.
Shower Room/WC 6'10" x 6'2" (2.08m x 1.88m). Fitted with a white suite comprising; large shower cubicle, low level WC and wash basin. Tiled walls and tiled floor. Radiator. Double glazed window to the rear.
Garage To the rear of the property with light and power supply.
External To the front of the property there is a small town garden. Shared driveway which leads to the detached garage at the rear. To the rear a lovely private garden with open aspect, mainly lawned with planted borders and a fenced boundary with gated access.
Additional External Photo Open aspect to rear.
Council Tax Band North Tyneside Council – Band B
Tenure Freehold
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**
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