This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. A recently refurbished ONE BEDROOM GROUND FLOOR FLAT situated in this popular and sought after location close to Wallsend High Street and all usual amenities. The property provides ideal accommodation suitable for both young and old alike, enjoying a well proportioned main lounge, WELL FITTED MODERN KITCHEN, spacious double bedroom and MODERN SHOWER ROOM/WC. Externally there is a rear yard. The property is currently tenanted on an Assured Shorthold Tenancy Agreement producing an income of £425 per calendar month. Ideal for investor. Vacant possession is also available. Early viewing strongly recommended.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction.
A recently refurbished ONE BEDROOM GROUND FLOOR FLAT situated in this popular and sought after location close to Wallsend High Street and all usual amenities. The property provides ideal accommodation suitable for both young and old alike, enjoying a well proportioned main lounge, WELL FITTED MODERN KITCHEN, spacious double bedroom and MODERN SHOWER ROOM/WC. Externally there is a rear yard. The property is currently tenanted on an Assured Shorthold Tenancy Agreement producing an income of £425 per calendar month. Ideal for investor. Vacant possession is also available. Early viewing strongly recommended.
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
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Entrance Hallway -
Living Room - 14'5" x 11'9" (4.39m x 3.58m) - Feature fireplace with cast iron insert, radiator.
Kitchen - 9'2" x 9'1" (2.79m x 2.77m) - Range of base units, work surfaces, stainless steel single drainer sink unit, oven, hob and extractor above, part tiling, space for washing machine, combi boiler, exit to rear.
Bedroom One - 13'7" x 14'4" (4.14m x 4.37m) - Radiator.
Shower Room / Wc - Low level WC, wash hand basin, separate shower cubicle, chrome heated towel rail, full tiling.
External - Yard to rear.
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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