Property description
SummaryTo be sold via Online Auction until 27/05/22 12:00. Fees apply
We welcome to the market this impressive two bedroomed apartment with excellent views over the River Tyne and private parking. The apartment benefits from open plan living two bedrooms, family bathroom and private rear decked area with impressive views. The property is currently tenanted and would make a perfect buy to let property. We recommend viewing to appreciate what is on offer with this apartment.
This property is currently tenanted and would appeal to a buy to let investor with a possible 6-7% yield.
ExternalAllocated parking and intercom secure entrance.
HallwayBuilt in storage cupboard, laminate flooring, electric heater.
KitchenUpvc double glazed window to rear, range of wall and base units, electric hob and cooker with extractor, plumbed for washing machine.
Open Plan Kitchen/Dining/Living (7.14m x 3.35m)Upvc double glazed window to rear, upvc double glazed french doors with balcony to side, range of wall and base units, electric oven and hob, laminate flooring, wall mounted electric heaters.
Bedroom 1 (4.23m x 3.65m)Upvc french doors leading to balcony and excellent views of the Tyne, electric heater.
Bedroom 2 (3.18m x 1.87m)Upvc double glazed window to rear.
BathroomLow level wc, wash hand basin, bath with shower over, wall mounted chrome heated towel rail and extractor fan.
BalconyGreat views looking over the river.
Auctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional CommentsYour details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional CommentsIn order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
AmenitiesNo Upper Chain
Excellent Location
Secure Entrance
Open plan Kitchen/Living/Dining Room
Two Bedrooms
Impressive balcony and views
Long Lease