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Marconi House, Melbourne Street, Newcastle upon Tyne, NE1

PROPERTY TYPE

Duplex

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction
  • Resident Parking
  • Priced to Sell
  • EWS1 Available for Building
  • Balcony

Description

FOR SALE BY MODERN AUCTION | DUPLEX CITY APARTMENT | EWS1 AVAILABLE | Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited. Located in Marconi House, this duplex apartment offers easy access for the amenities of the City Centre, Quaysides and also in close proximity for Northumbria University. Benefitting from lift access, door entry system, balcony and resident, allocated parking. The accommodation offers; Two bedrooms, living room, modern bathroom and fitted kitchen with integrated appliances. Please note the building does have an A1 rated EWS1 available to provide to any mortgage lender. Energy Efficiency Rating D. Council Tax band C.

Entrance Hall

Living Area
Double glazed patio doors leading to private balcony, wall mounted electric heater, television aerial point, entry phone system.

Kitchen Area
Range of wall and base units with work surfaces incorporating; stainless steel round sink unit with mixer tap, electric oven and hob with stainless steel extractor fan above, built in fridge/freezer and dishwasher, breakfast bar surface with space for bar stools.

Bedroom One
Double glazed window, wall mounted electric heater.

Bedroom Two
Double glazed window, wall mounted electric heater.

Bathroom
Panelled bath with shower over head with glass shower screen, WC, pedestal wash hand basin, part tiled walls, extractor fan.

Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Leasehold Information
The remaining term on the lease is 107 with the term expiring on the 31/12/2129. The annual service charge is £2000 approximately. The ground rent is paid annually and is £175, and is fixed throughout the term of the lease. Please be advised we have not inspected the headlease.

Material Information
Tenure: Leasehold.
The block is managed by Marconi House RTM Company Limited.
Council Tax: Band C. Authority; Newcastle City Council For current rates please visit;
Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property.
Broadband: Follow the link to check broadband providers and speeds;
Mobile Phone Coverage: Follow the link to check mobile signal for all networks;
Parking: There is an allocated parking bay for the property, Fob access required for garage.

There is an EWS1 form available for Marconi House, please enquire for further details.

You would need to instruct your solicitor to review the lease for any restrictive covenants, we have not been advised of any at the outset of marketing. Please note the lease can be made available upon request.

Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Marconi House, Melbourne Street, Newcastle upon Tyne, NE1

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About Living Spaces, Newcastle Upon Tyne

21 Grey Street, Newcastle Upon Tyne, NE1 6EE
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An estate agent that knows how much a home means, Living Spaces help take away the stress and hassle of selling, buying, renting, letting and managing property across Newcastle upon Tyne.

Our award-winning property specialists have been providing an honest, transparent, professional and knowledgeable service to clients in and around Newcastle for over 20 years.

From helping first-time buyers, to taking care of over 420 private landlords' properties, our customers are our top priority. By listening to the wants and needs of our clients, we turn a time-consuming process into something much easier.

Start your property journey today with a service you'll feel at home with.

Affordability

Monthly repayments£411
Property: £ 90,000
Deposit: £ 9,000
Interest rate: 4.5%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference GRS220107. 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 Living Spaces, Newcastle Upon Tyne. 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.

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 Living Spaces, Newcastle Upon Tyne on 0191 625 0268.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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