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2 bedroom ground floor flat for sale

Silver Lonnen, Fenham, Newcastle upon Tyne, NE5 2HB

Sold STC £57,000

Property Description

Key features

  • Two double bedrooms
  • Gas Central Heating
  • Double Glazed
  • Private Rear Garden
  • Council Tax band A
  • No onward chain

Full description

Tenure: Leasehold

***THIS PROPERTY WILL BE OFFERED FOR SALE BY AUCTION ON 24th May at Emirates Riverside, DH3 3QR. REGISTRATION FROM 6.30PM, AUCTION STARTS AT 7PM***

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 buyer's 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 The South West Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price


TWO BEDROOM GROUND FLOOR APARTMENT in the popular location of Fenham, this property has a good sized lounge with a bay window and gas fire, double bedroom with large sliding wardrobes which gives lots of storage space, a second double bedroom, family bathroom with shower over the bath, Kitchen with appliances and white goods, garden to the rear with a patio and grass area. This property would be ideal as a first time buy or investment.

Situated in Fenham to the north west of Newcastle upon Tyne, this home benefits from excellent road access via the A1 North and South with links to Newcastle city centre, the Metro Centre, St James' Retail Park and Kingston Park Retail plus other amenities closer to hand. Locally on Slatyford Lane there is a medical centre, the Denton Burn Community Association & the Residents Association and nearby on West Road there is a Co-op, hairdresser, cafe, sandwich shop, Denton Burn Library and family friendly The Denton local pub. Just 0.6 m away is the St James' Retail Park where there are stores such as Lidl, Iceland, Costa, Wickes, and a B&M Home Bargains. On Ponteland Road there is an ALDI, a petrol station with small convenience store, a health centre, Blakelaw Park, the Newcastle United Golf Club is 0.9 miles away and there is a Morrisons supermarket & petrol station on Two Ball Lonnen. The local bus service is particularly good too: connecting local areas to the city centre. Local schools include Thomas Walling Primary Academy, OFSTED outstanding Hilton Primary Academy and Kenton School is 2.0 m away. Newcastle International Airport is 4.7 m away.


More information from this agent

Energy Performance Certificate (EPC) graphs

Listing History

Added on Rightmove:
25 August 2017

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Disclaimer - Property reference 2194. 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 Northwood, Newcastle. 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.

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*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 Northwood, Newcastle on 0191 2740119.


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