2 bedroom flat for saleWest Percy Street, North Shields
Guide Price* £67,000
- First Floor Flat
- Two Bedroomed Home
- Central Location
- Close To Local Amenities
- Double Glazing
- Gas Central Heating
- Handy For The Metro
- Possible Buy To Let
- Viewing Essential
Full descriptionFor sale by Modern Method of Auction; Starting Bid £67,000.00 plus Reservation Fee. Enjoying this very central location, the opportunity to purchase this first floor flat is now available and should prove of particular interest to the first-time buyers. The accommodation briefly comprises of communal entrance lobby, stairs to first floor landing, private hall, lounge with feature fire surround, two bedrooms; the second bedroom with fitted storage, kitchen with wall and floor units/fitted hob and access to a modern bathroom with shower cubicle. The property has double glazing and gas central heating. Viewing of this property is essential to assess features and position. You may also consider this property as a buy to let. We would anticipate a rental figure in the region of £400 pcm.
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 buyers 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. 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 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. 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 Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd.
Lounge - 3.91 x 4.48 (12'10" x 14'8") -
Kitchen - 3.50 x 1.66 (11'6" x 5'5") -
Bathroom W/C -
Bedroom One - 3.63 x 2.59 (11'11" x 8'6") -
Bedroom Two - 1.86 x 1.87 (6'1" x 6'2") -
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Disclaimer - Property reference 26232189. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jan Forster Estates, Tynemouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Jan Forster Estates, Tynemouth on 0191 257 2000.
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