Lot 2 - 167 St. Vincent Street, South Shields, Tyne And Wear, NE33 3BJ

  • Unconditional Online Auction Sale
  • Guide Price* : £50,000 plus
  • 2-bedroom flat
  • Convenient location
  • Refurbishment required

ON BEHALF OF THE COURT APPOINTED RECEIVER: 2-bedroom ground floor flat with a rear yard

Description

*VIDEO TOUR AVAILABLE ON REQUEST* The subject comprises a two-bedroom ground floor flat, within a two storey mid-terrace property of traditional brick construction, covered in render under a pitched slate roof. The entrance door opens to a hallway, with the main bedroom at the front, a further bedroom, living room, kitchen and bathroom. Some refurbishment is required. The property has a small forecourt front garden, together with a rear yard, accessed via an up and over “garage” door.

Please note the images and video tour were taken before the previous owner removed some of their items.

Location

The property lies within an established residential location, approximately 0.75 mile south of the town centre. The location is convenient for local bus routes, which run on nearby Westcott Avenue and Mowbray Road and Chichester Metro Station is approximately 0.5mile to the west. The area should be of interest to both investors and owner occupiers.

South Tyneside College is less than 0.25 mile to the south and Sandhaven Beach is 0.5 mile to the east.

Tenure

Leasehold for a term of 999 years from 29th September 1905 at a ground rent of £15 per annum. The leaseholder will pay for one half of the repair/maintenance costs for items used in common.

Accommodation

Ground Floor: Hallway, 2 Bedrooms, Living Room, Kitchen and Bathroom.

Outside

There is a small forecourt front garden, together with a rear yard, accessed via an up and over “garage” door.

EPC

Energy Asset Rating is TBC.

Council Tax Band

A

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2700 (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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Office Contact

James Ashworth
0161 967 0122

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