2 Bedroom Block of Flats

For sale by auction, as an investment opportunity, are these two top floor flats, each has one bedroom. The flats are to be sold as a pair, and are located in Grainger Park. The accommodation to each flat briefly comprises of open plan lounge/kitchen, bedroom and bathroom.

The properties are situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69. Early viewing is recommended.

Both properties are currently tenanted at £700pcm and copies of the tenancies are including within the lease pack.

Property details provided by Rook Matthews Sayer
EPC rating: C
Council Tax band: A
Tenure : Leasehold. The term of the lease is 999 years from 29 September 1987.

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 30TH APRIL 2024 OPTION 1

Flat One

Open Plan Lounge/Kitchen
15′ 9” max x 14′ 8” (4.80m x 4.47m)
Frosted double glazed window to the rear. Plumbed for washing machine. Electric oven. Electric hob. Sink/drainer. Integrated fridge/freezer. Spotlights. Radiator.

Bedroom
11′ 4” x 7′ 9” (3.45m x 2.36m)
Double glazed window to the rear. Radiator.

Bathroom
6′ 1” x 6′ 5” (1.85m x 1.95m)
Shower cubicle. Low level WC. Pedestal wash hand basin. Extractor fan. Heated towel rail.

Flat Two

Open Plan Lounge/Kitchen
14′ 1” x 17′ 11” (4.29m x 5.46m)
Two double glazed windows to the front. Electric oven. Electric hob. Extractor hood. Sink/drainer. Integrated fridge/freezer. Integrated washing machine. High gloss units. Radiator.

Bedroom
13′ 9” x 10′ 3” (4.19m x 3.12m)
Double glazed window to the front. Original fireplace. Spotlights. Radiator.

Bathroom
7′ 10” x 4′ 5” (2.39m x 1.35m)
Shower cubicle. Pedestal wash hand basin. Low level WC. Spotlights. Heated towel rail.

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by Rook Matthews Sayer. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.

Disclaimer 4
We are advised by the seller that the property has mains provided gas, electricity, water and sewerage.

The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.

Ofcom website states the average broadband download speed of 17 Mbps the fastest package at this postcode: NE4 6UT and mobile coverage is provided by EE, Three, 02 and Vodaphone