2 Bedroom Ground Flat for Sale

Name: Jan Forster Estates
Address: 159 Benton Road, High Heaton, Newcastle upon Tyne, NE7 7DU, GB
Telephone: 0191 270 1122
Rating: 4.59

Philiphaugh, Wallsend

Guide Price £45,000

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Key Features

For Sale by Modern Auction
Subject to Reserve Price
The Modern Method of Auction
Ground Floor
Viewing Recommended

T & C's Apply
Buyers Fees Apply
In Need Of Renovation
Council Tax Band *A*
Call For More Information

Full Description

This two-bedroom ground floor flat is in need of renovation and is located on Philiphaugh, a popular street in Wallsend.

For sale by Modern Method of Auction: Starting Bid Price ?45,000 plus Reservation Fee
This property is for sale by The Great North Property Auction powered by iam-sold.

The property is positioned close to local shops along with access to well-regarded schools and excellent travel links and is only a short walk away from the Metro station and local bus links, with ease of access into Newcastle City Centre.

Internally the property briefly comprises: - entrance hallway with storage, main double bedroom with bay window, second bedroom, lounge, kitchen and a bathroom/w.c. Externally there is a private yard to the rear.

Early viewings are recommended. For more information and to book a viewing please call our High Heaton team on 0191 270 1122.

Tenure
The agent understands the property to be leasehold. However, this should be confirmed with a licenced legal representative.

Council Tax band *A*

Lounge - 4.46 x 3.96 (14'7" x 12'11") -

Kitchen - 3.64 x 2.59 (11'11" x 8'5") -

Bedroom One - 4.53 x 3.96 (14'10" x 12'11") -

Bedroom Two - 3.50 x 2.10 (11'5" x 6'10") -

Auctioneer's Comments - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of ?6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of ?300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.