Ilchester Street, Seaham
Legal packs are provided only under Option 1 auction properties where you exchange contracts on the fall of the gavel. This property is offered for sale under Option 2 terms whereby the buyer places a £3000 deposit (that comes off the purchase price) and the £500 + VAT administration fee. Contract papers are then sent to the buyers solicitor allowing 28 days to exchange contracts and a further 14 days to complete.
A great investment opportunity. We offer a one bedroom first floor flat currently offered for sale with vacant possession, we are advised it was previously let at £90 per week offering a potential return of 30%
Property benefits from gas central heating and briefly comprises entrance hall with stairs to first floor, living room, inner lobby with doors off to kitchen, bathroom and a bedroom.
EPC rating: C
For Sale by Auction to be held on 30.05.2019 at the Newcastle Grand Hotel (formerly The Marriott Hotel) Gosforth Park Newcastle NE3 5HN – Registration 6:30pm for 7pm start. Option 2
Stairs leading to first floor landing, radiator, window to front elevation and built in cupboard housing central heating boiler.
Window to front elevation and radiator.
Access to loft and doors to:-
Range of wall and floor units with laminate worktop surfaces, sink unit and drainer, cooker point, plumbing for washing machine, tiled splashbacks, radiator, window to rear elevation and access door to rear stairs.
Three piece suite comprising wc, wash hand basin, bath, tiled splashbacks, radiator and window to rear elevation.
Window to rear elevation, radiator and two built in cupboards.
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
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 £750+vat (total £900) 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 £120 including Vat from them for the recommendation.
A copy of title is available upon request.
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