Sold STC - 3 bed Apartment

• 3 Bed 1st Floor Tyneside Flat
• End of Terrace
• 'L' Shaped Lounge
• Close to park and amenities
• Great location and transport links
• Shared Yard
• Ideal for Couple or Investors
• Starting Bid Price
• Buyer's Fees Apply
• Modern Auction T & C's Apply

*** FOR SALE BY MODERN AUCTION *** A three bedroomed, end terraced, first floor Tyneside flat, pleasantly situated close to Heaton Road. With gas fired central heating and sealed unit double glazing, there is some scope for cosmetic improvement, making it ideal for a professional person/couple or investor. The Entrance Hall leads to stairs up to the First Floor Landing, with access to the loft. The 'L' shaped Lounge has a shelved storage cupboard and leads to the Kitchen, fitted with a range of wall and base units, sink unit, spit level oven with 4 ring gas hob and extractor over and plumbing for a washer. The Rear Hall has steps down to the door leading to the rear yard. Bedroom 1 has a corniced ceiling and bay to the front. Bedroom 2 is to the rear, with Bedroom 3 to the front. The Bathroom/WC has a low level wc, pedestal wash basin and panelled bath with shower attachment and screen, with fully tiled surrounds. Externally, there is a shared Rear Yard. This property is ideally located for shops, cafes and restaurants on Heaton Road, with further facilities nearby on Chillingham Road. Heaton Park is also close by. There are good road and public transport links into the city and other surrounding areas.

Entrance Hall

Lounge (4.32m x 4.57m (max))

Kitchen (3.43m x 2.79m)

Bedroom 1 (4.19m x 5.49m (into bay))

Bedroom 2 (4.50m x 2.34m)

Bedroom 3 (3.00m x 2.54m)

Bathroom/WC (2.67m x 2.06m)

Rear Hall

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAMSOLD Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with IAMSOLD and provide proof of how the purchase would be funded.

This 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 it has been provided by IAMSOLD.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

REFERRAL ARRANGEMENTS
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.