*** AUCTION PROPERTY *** For sale by Modern Method of Auction, Starting Bid Price �100,000 plus Reservation Fee.
A GREAT OPPORTUNITY to purchase a ONE BEDROOM APARTMENT in the fabulous Irvin Building, which dates back to 1913. Having the added security benefit of being situated on one of the upper floors, with a useful entry phone system, this property provides accommodation suitable for both young and old alike. the main features include a 20'9" living kitchen, a large double bedroom and modern bathroom/WC with shower. NO UPWARD CHAIN and priced for an immediate sale, an early viewing is essential to fully appreciate the spectacular Quayside location and great value for money.
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
Communal Entrance Lift access to upper floors.
Second Floor
Landing A superb feature spacious communal landing with windows providing a fabulous light and airy entrance towards the apartment.
Inner Hallway Built in cloaks cupboard, built in cupboard with plumbing for washing machine, radiator.
Lounge/Kitchen 20'9" x 11'6" (6.32m x 3.5m). Larger style window with secondary glazing provides great natural lighting and view towards the Quayside, TV point, spot lights, feature oak flooring.
Kitchen Area Range of black high gloss wall and floor units, stainless steel single drainer sink unit, built in four ring hob, oven and extractor, plumbing for dishwasher, spot lights.
Bedroom One 11'4" x 10'8" (3.45m x 3.25m). Double glazed window with fitted blind, spot lights, built in wardrobe, radiator.
Bathroom/WC White low level WC, pedestal wash hand basin, panelled bath, shower, white heated towel rail, spot lights, half height splash tiling.
External Private off street parking with electric remote controlled metal gates. Access to communal bin and storage area.
One of the unique advantages of The Irvin Building is the fabulous roof top garden, maximising views out from the mouth of the River Tyne up towards Newcastle and across the Fish Quay.
View photo 1
View photo 2
Lease & Maintenance Charges We understand the following charges apply
Leasehold: 150 years from February 2009
Ground Rent: �100 per annum
Service Charge: �204.03 per month
All prospective purchasers will need to verify this information with their legal advisor.
Agent's Notes A Contemporary Restored Apartment
Spectacular Views
Great Natural Lighting
Private Parking
Lift
Roof Terrace
Fabulous Location
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
Location Map
Energy Performance Certificate EPC Rating C
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