Balkwell Avenue, North Shields, NE29 7JL

Unconditional Auction (option 1)



Online bidding will be opening 28/10/2026 12:00PM



Disclaimer One



This property is to be sold via unconditional auction (option 1). The successful buyer will need to pay a non-refundable deposit of 10% of the value of the agreed purchase price, subject to a minimum of £3,000.00. Contracts will exchange immediately and completion will take place no later than 28 days of the date of the deposit being taken and the exchange of contracts.



Disclaimer Two



Every auction property comes with a guide price and a reserve price. The guide price sets the starting point for bidding, while the reserve price represents the minimum price that the seller is willing to accept at auction. The auctioneer is not allowed to sell the property below this reserve price. The reserve price is not revealed to the public and is kept confidential between the seller and the auctioneer. It may be up to 10% higher than the guide price.



Please note that both the guide price and the reserve price are subject to potential changes leading up to and including the day of the auction.



Disclaimer Three



At your request we can refer you to a Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £200 including Vat from them for the recommendation.



Reservation Fee



This property is sold subject to a non-refundable reservation fee of £2,400.00 inc VAT (£2,000.00 plus VAT) The reservation fee does not form part of the purchase price.



Legal Pack



A legal pack will be available to download before the auctions end date. We strongly recommend all buyers to familiarise themselves with the legal pack prior to bidding.



Registration



To register to bid for this property please copy the link below into your browser.

northwoodauctionne.com



Particulars

A spacious two-bedroom first-floor flat with the rare advantage of a private rear garden, offered for sale by unconditional auction and representing an excellent opportunity for cash buyers and investors. The property also benefits from a new roof with approximately 8 years remaining on the warranty, along with updated gutters, fascias and chimney works.

The property provides generous and well-proportioned accommodation throughout, beginning with a large and welcoming lounge featuring a generous bay-style window, allowing plenty of natural light to fill the room. The wood-effect flooring adds warmth and creates a comfortable space for relaxing and entertaining.

The good-sized fitted kitchen offers a range of wall and base units, ample worktop space and room for a dining table, making this a practical and sociable part of the home. There is also space and plumbing for appliances.

There are two well-proportioned bedrooms, with the principal bedroom particularly impressive in size and benefiting from an extensive range of fitted wardrobes, providing excellent storage. The second bedroom is also a good size and offers flexibility as a bedroom, home office or guest room.

The bathroom is fitted with a white suite comprising a bath with shower over, WC and wash hand basin with useful vanity storage, complemented by modern wall tiling and wood-effect flooring.

One of the property's standout features is the private enclosed rear garden. Predominantly laid to lawn, the garden offers a generous amount of outdoor space, with a raised timber deck providing an ideal seating area for relaxing or entertaining during the warmer months.

Tenure & Auction Information

The property is freehold, and an important feature of the sale is that the successful purchaser will also acquire the freehold of the downstairs flat. This means the purchaser will own the freehold of the building and will become the freeholder for both the first-floor property and the ground-floor flat.

The property itself is subject to a South Tyneside lease. Prospective purchasers are strongly advised to review the lease and satisfy themselves regarding the remaining term, terms and conditions, responsibilities and any associated obligations before bidding.

The property also benefits from a new roof with approximately 8 years remaining on the warranty, together with updated gutters, fascias and chimney works, providing useful reassurance regarding a number of the property's key external elements.

The property is being offered by way of unconditional auction, meaning the successful bidder will be required to proceed with the purchase in accordance with the auction terms and timescales. Mortgage finance may not be suitable due to the nature of the sale and prospective buyers should ensure they have the necessary funds available to complete.

We recommend that all prospective purchasers carry out their own legal and financial investigations prior to bidding and carefully review the auction legal pack.

Offering generous accommodation, two good-sized bedrooms, excellent storage, a private rear garden, recently upgraded roofing and external elements, and the additional benefit of owning the freehold of the downstairs flat, this presents an interesting opportunity for a cash buyer or investor looking for a property with potential.



We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.