- For Sale by Modern Auction T & Cs apply
- Subject to Reserve Price
- Buyers fees apply
- The Modern Method of Auction
- Popular Location
- Priced To Sell
- No Onward Chain
- Viewings Highly Advised
2 Bedroom Apartment for sale in Gateshead
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FOR SALE BY MODERN AUCTION | TWO BEDROOM APARTMENT WITH BALCONY | Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited. Situated in Ochre Yards on the Gateshead Quays the property provides great access to the City and various transport links including the A1, metro and the Railway station. The spacious accommodation provides; Entrance hall, living/dining room, kitchen area, two double bedrooms, ensuite shower room and bathroom. Energy Efficiency Rating C. Council Tax Band C.
Entrance Hall
Storage cupboard, wall mounted electric heater.
Living/Dining Room
4.60m x 3.78m
Double glazed floor to ceiling windows and door to balcony, wall mounted electric heater, open through to;
Kitchen 2.69m x 2.13m
Range of wall and base units with worktop surfaces incorporating stainless steel circular sink unit with mixer tap, splashbacks, integrated electric oven and hob with stainless steel splashback and extractor, integrated fridge freezer and dishwasher.
Master Bedroom 3.93m min x 2.97m max
Double glazed window to front elevation, wall mounted electric heater.
Ensuite 1.53m max x 1.49m min
Shower in tiled cubicle, wash hand basin, WC, part tiled walls.
Bedroom Two 3.67m x 2.97m
Double glazed window to rear elevation, wall mounted electric heater.
Bathroom 2.11m max x 1.77m max
Bathroom currently being refitted-details TBC.
Auctioneer Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Leasehold Information
We have been advised the property is leasehold. The lease is 125 years from 01.01.2004, 104 years approx remaining. Service Charge is £2800.88 pa.
Ground rent is £258.00 per annum. Increases in line with RPI every 5 Years. Please be advised we have not inspected the headlease.
Material Information
The block is managed by Kingston Property Services.
Council Tax: Band C. Authority; Gateshead Council. For current rates please visit; gateshead.gov.uk/article/2641/Council-Tax-valuation-bands
Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property. Heating is via electric heating.
Broadband: Follow the link to check broadband providers and speeds; Broadbandcheck.co.uk
Mobile Phone Coverage: Follow the link to check mobile signal for all networks; Signalchecker.co.uk
Parking: There is an allocated parking bay for the property.
Additional Information: Building development currently ongoing within Ochre Yards by Bellway. 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.
Important Information
- This is a Leasehold property.
Property Ref: GRS250019
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