1 bed flat for sale

Clayton Street West, Newcastle Upon Tyne NE1

Summary

For sale via online auction. Terms and conditions apply.

Appealing to cash buyers only is this one bedroom third floor apartment requiring renovation throughout which is ideally located in this city centre development.

The accommodation includes: Secure communal entrance with door intercom and lift to all floors, hallway, lounge, kitchen just off the lounge with enough space for wall and base units, appliances and sink. Bedroom and bathroom/W.C.

The property benefits from an allocated parking bay and electric heating.

Leasehold 125 years from 17th October 1986 should you proceed with this purchase these details must be verified by your solicitor

Virtual tour available at link below:


Agents note: This property is to be sold as seen.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 86
Annual Service Charge Amount: 4,335.00

Front External

Communal entrance via secure door entry intercom system with stairs and lift to all floors.

Entrance Hall

With doors off to the lounge, bedroom and bathroom/WC.

Lounge (5.40m x 2.77m)

Walk in bay window to the rear of the property and night storage heater.

Kitchen (2.10m x 1.94m)

Just off the lounge with enough space for wall and base units, appliances and sink.

Bedroom (2.81m x 1.99m)

With window to the rear.

Bathroom/WC (2.11m x 1.69m)

White three piece bathroom suite comprising bath with shower over, hand wash basin, low level WC, partially tiled walls and heated towel rail.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 7.2% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.