Lot 6 - 14 Birchwood Avenue, Newcastle upon Tyne, Tyne and Wear, NE7 7PQ

  • Conditional Online Auction Sale
  • Guide Price* : £125,000
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 1

Two Bedroom Ground Floor Flat- Conditional Auction (option 2)

Description

Disclaimer One

This property is to be sold via conditional auction (option 2). The successful buyer will need to pay a non-refundable deposit of £3,000.00, this deposit will form part of the purchase price of the property. After the deposit has been taken the buyer will then have 28 days to exchange contracts. After the exchange of contracts this purchase must complete no later than 14 days from this date.

Disclaimer Two

Every auction property comes with a guide price and a reserve price. The guide price sets the starting point for bidding, while the reserve price represents the minimum price that the seller is willing to accept at auction. The auctioneer is not allowed to sell the property below this reserve price. The reserve price is not revealed to the public and is kept confidential between the seller and the auctioneer. It may be up to 10% higher than the guide price.

Please note that both the guide price and the reserve price are subject to potential changes leading up to and including the day of the auction.

Disclaimer Three

At your request we can refer you to a Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Reservation Fee

This property is sold subject to a non-refundable reservation fee of £2,400.00 inc VAT (£2,000.00 plus VAT) The reservation fee does not form part of the purchase price.

Legal Pack

A legal pack will be available to download before the auctions end date. We strongly recommend all buyers to familiarise themselves with the legal pack prior to bidding.

Description

Welcome to Birchwood Avenue, where opportunity awaits in this two-bedroom downstairs flat. This property is set to go up for auction and presents an excellent investment prospect for those looking to renovate and add value.

The flat boasts a large main bedroom that offers ample space. The second bedroom, though smaller, is perfect for a child's room, guest room, or home office, providing versatility to suit your needs.

The bathroom features an in-bath shower, offering both practicality and convenience. With some refurbishment, it can be transformed into a modern and stylish space. The living room is of a decent size, providing a comfortable area for relaxation and entertainment, with plenty of potential to become a cosy, welcoming environment.

The kitchen, while in need of work, is a good size and offers a solid foundation for creating a functional and appealing culinary space. One of its standout features is the direct access to a private back garden, which provides an outdoor area for gardening, leisure, and dining, enhancing the property's overall appeal.

This flat on Birchwood Avenue is a blank canvas, ready for a makeover. With the right vision and effort, it can be transformed into a beautiful home or a lucrative rental property. Don’t miss out on this excellent investment opportunity.

For more information or to arrange a viewing please contact our Benton office. 0191 266 4455

Leasehold

Council Tax Band 2024-2025 - A - Approx £1,147.41 per annum

EPC Rating - c

Particulars

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

Council Tax Band

A

Lease Start Date

21/12/1982

Lease Duration

999 years (957 years unexpired)

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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