Lot 2 - 31 Coast Road, North Shields, Tyne And Wear, NE29 7PG
- Unconditional Online Auction Sale
- Guide Price* : £55,000 plus
- 2 Bedrooms
- First Floor Flat
- Convenient location
On Behalf of the Court Appointed Receiver: Vacant 2 bedroom flat
Description
The property comprises a 2 bedroom first floor flat that is situated in a mid-terraced property. The flat provides 2 bedrooms, reception room, kitchen and a bathroom.
Heating is via central heating fired by a combi-gas boiler (not-tested).
Some refurbishment is required.
Location
The property is situated in a residential area within North Shields/ 31 Coast Road is accessed through Beach Road (A1058) and has some local amenities with a Tesco Express which is within 0.1 miles.
North Shields town centre is approximately 1 miles to the south east and Newcastle city centre is 6 miles to the south east. Nearby are a few local parks and schools and local bus routes are easily accessible. The immediate surrounding area is one of lower quality housing.
Tenure
Leasehold under title TY474562. The Register states a term of 999 years from 26 June 2008. It is drawn on fairly common terms for a lease of this type, with a peppercorn rent, a full repairing and insuring liability in respect of the demised premises (which includes the walls and roof above the dividing joists between the ground and first floors) and a liability for a contribution to pay one half the cost of repairing or maintaining any common installations.
Accommodation
2 bedrooms, kitchen, bathroom, reception room: 77.52 sq. m (834 sq. ft)
Outside
Rear yard and storage.
EPC
Energy Asset Rating is TBC.
Council Tax Band
A
Buyers Administration Fee
There will be a Buyer's Administration Fee of £3,000 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
3. The property is being sold under Proceeds of Crime legislation. Please see Legal Pack for further details.
* 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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