This property is for sale by Modern Method of Auction powered by iam sold LTD - Starting Bid £45,000 plus Reservation Fee. 3rd floor two bed apartment with front line views of river and St Peters campus etc. Comprising; spacious lounge, kitchen with integrated appliances, two bedrooms and bathroom with shower over bath. NO ONWARD CHAIN. Viewing arrangements can be made by contacting our local office.
INTRODUCTION
This property is for sale by Modern Method of Auction powered by iam sold LTD - Starting Bid £45,000 plus Reservation Fee. 3rd floor two bed apartment with front line views of river and St Peters campus etc. Comprising; spacious lounge, kitchen with integrated appliances, two bedrooms and bathroom with shower over bath. NO ONWARD CHAIN. Viewing arrangements can be made by contacting our local office.
ACTIONEERS COMMENTS
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
ENTRANCE HALL
Entrance via Secure entrance door, staircase leading to 3rd floor. 6 doors leading off, 2 to cupboards, 1 of which is large and spacious, and contains hanging hooks, alarm and consumer unit, the other which contains central heating and hot water boiler. 2 doors leading off to bedrooms, 1 to bathroom and 1 to lounge. Door entry system, electric storage heater.
BATHROOM
7' 9" x 5' 6" (2.36m x 1.68m)
Measurements taken at widest points.
White bathroom suite comprising of, hand basin with chrome taps, toilet with low level cistern, bath with chrome taps and shower head attachment, Perspex bath screen, chrome electric towel heater, extractor fan and shaver point, marble tiles.
LOUNGE
23' 10" x 20' 0" (7.26m x 6.1m)
The room is L-shaped and measurements are taken at the widest points.
Sufficient space for dining area and chairs and suitable area for sofas and TVs. Electric storage heater, door leading to the kitchen, uPVC double-glazed French door leading to a balcony with superb pleasant views of the river, Wear mouth Bridge, Stadium Of Light, St Peters campus.
KITCHEN
7' 6" x 7' 4" (2.29m x 2.24m)
Range of wall and floor units in a light wood-effect, ceramic electric hob, electric oven and grill, stainless steel extractor fan, Integrated dishwasher, integrated washing machine, integrated microwave. Stainless steel sink with single bowl, single drainer and chrome mono-bloc tap. The bench space is well organized.
BEDROOM 1
12' 3" x 11' 7" (3.73m x 3.53m)
Carpet flooring, electric wall heater, double-glazed window.
BEDROOM 2
12' 3" x 11' 9" (3.73m x 3.58m)
Electric wall heater, telephone point, television/sky point, double-glazed window, French door leading out to balcony.
REFERRAL ARRANGEMENTS
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
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