Lot 2 - 699 Durham Road, Gateshead, Tyne and Wear, NE9 5HB

  • Unconditional Online Auction Sale
  • Guide Price* : £80,000 plus
  • 3 bedrooms
  • First Floor Flat
  • Convenient location

Vacant three bedroom first floor flat

Description

*VIDEO TOUR AVAILABLE ON REQUEST* The property comprises a 3 bedroom first floor flat. Please not that refurbishment is required and the property is sold subject to an Improvement Notice (please refer to the legal pack for full details).

Location

The property is well located fronting Durham Road (A167), which provides access to local bus routes and retail amenities. Newcastle -upon-Tyne city centre lies approximately 3 miles to the north.

Tenure

Leasehold for 999 years from 1st September 1989 at a pepporcorn rent (the first floor flat known as 699 Durham Road), together with the freehold reversion to 701 Durham Road (which is sold subject to a 999 years from 1st September 1989 at a peppercorn rent in respect of the ground floor) - see legal pack for full details.

Accommodation

Kitchen 10'7" x 6'11" (3.23 x 2.12)
Lounge 11'11" x 14'5" (3.65 x 4.41)
Bedroom One 11'8" x 14'6" (3.57 x 4.43)
Bedroom Two 14'0" x 7'5" (4.28 x 2.27)
Bedroom Three 7'4" x 9'4" (2.24 x 2.86)
Bathroom 6'9" x 5'0" (2.06 x 1.54)

Outside

Yard at the rear.

EPC

Energy Asset Rating is E

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1920 (inc VAT) payable upon exchange of contracts.

Additional Information

1. Completion will take place 14 days from the date of exchange.

2. 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.

3. 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.

* 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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