Guide Price £80,000
Rothbury Terrace, Newcastle Upon Tyne
This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £80,000 plus Reservation Fee.
*** FOR SALE BY AUCTION *** CASH BUYERS ONLY *** FREEHOLD (NOT SUITABLE FOR LENDING PURPOSES) *** FULL REFURBISHMENT REQUIRED *** GARDEN FRONT AND REAR *** TWO BEDROOMS ***
The flat is situated at the bottom end of Rothbury Terrace and is in need of a full refurbishment. There are two bedrooms, a living room, kitchen and bathroom, and there are garden front and rear. Council tax band A, Energy Rating E. Call next2buy Ltd to arrange a viewing - 0191 2953322.
This property is for sale by Modern Method of Auction powered by iamsold Ltd - Starting Bid £80,000 plus Reservation Fee.
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Entrance Hallway - 4.56 x 1.06 (14'11" x 3'5") - Timber door into the Hallway - radiator and storage cupboard.
Living Room - 4.52 x 3.37 (14'9" x 11'0") - Single glazed window and radiator. Original coving.
Kitchen - 2.34 max x 3.99 max (7'8" max x 13'1" max) - Single glazed windows, rear and side, door to the rear garden area, basic units and sink.
Bathroom - 1.29 x 3.02 (4'2" x 9'10") - Single glazed window, radiator, three piece suite.
Bedroom 1 - 3.14 + bay window x 4.03 (10'3" + bay window x 13' - Single glazed bay window, and radiator. Original, coving.
Bedroom 2 - 2.53 x 2.97 (8'3" x 9'8") - Single glazed window and radiator.
Externally - There are gardens front and rear. The rear is shared with the upper flat.
Auctioneers Comments - This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £85 000 plus Reservation Fee. Cash buyers preferable.
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.
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.
- Modern Method of Auction
- Subject To Reserve Price
- Buyers Reservation Fee Payable
- *** Freehold ***
- Ground Floor Flat
- Two Bedrooms
- Gardens Front & Rear
- Energy Rating E