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£60,000 Guide Price

4 bedroom Studio flat

Address 1 500117‚ Newcastle Upon Tyne‚ NE27

This property is marketed by: Andrew Dobson at Yopa Whitley Bay
Key features
  • Buyers fees apply
  • Subject to reserve price
  • For sale by modern auction – t & c’s apply
  • Refurb
  • Great location
  • Great potential
  • Investment
  • Log burner
Description

A fantastic auction opportunity offering huge potential, generous accommodation and the possibility of conversion into two separate two-bedroom flats, subject to the necessary planning permission and consents This great-sized property represents an exciting opportunity for investors, developers or buyers looking for a project with excellent potential to add value The generous accommodation could potentially lend itself to being converted into two spacious two-bedroom flats, subject to obtaining all necessary planning permissions, building regulations approval and other relevant consents. Alternatively, the property offers plenty of scope to renovate and configure to suit the purchaser’s individual requirements Situated in a great location, convenient for local amenities and transport links, the property could make an excellent investment opportunity Externally, there is also a small outdoor space to the rear, adding further appeal and providing useful private outside space Offered at an attractive auction price, this is a property packed with potential and possibilities. Whether you are looking for your next development project, investment opportunity or a substantial property to renovate, early viewing is highly recommended to fully appreciate the size and potential on offer Huge Potential | Auction Property | Great Size | Potential for Two 2-Bedroom Flats (STPP) | Rear Outdoor Space | Great Location | Must Be Seen

Auctioneers Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

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Location

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Towns covered by Yopa Whitley Bay

Acomb, Allendale Town, Allenheads, Anick, Backworth, Bardon Mill, Battle Hill, Bellingham, Benton, Billy Mill
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