1 Bedroom Flat

The Bar, Newcastle , NE1 4BA

£90,000+

1 Bedrooms •1 Bathrooms •1 Receptions

Call Us: 01661 831 360

An ideal purchase for an investor. A fourth floor apartment in this modern development, occupying a central plot. Nearby amenities and attractions include the Centre for Life, Newcastle’s vibrant quayside, the city centre with its range of shops, bars and restaurants plus the train station which is on the East coast mainline.

The accommodation, situated on the fourth floor briefly comprises; communal entrance hall with lift and stairs to upper floors, entrance hallway, open plan lounge/dining kitchen with integrated appliances, double bedroom and bathroom/WC. There is secure entry phone system, a balcony from the lounge overlooking the development courtyard as well as an allocated parking space in the nearby Times Square car park.

Property details provided by Rook Matthews Sayer
EPC rating: B

For Sale By Auction www.agentspropertyauction.com 31 January 2021 Auction OPTION 2

ENTRANCE
With two built-in cupboards and a radiator.

OPEN PLAN KITCHEN/DINER
The kitchen is fitted with a range of wall and base units, built-in electric oven and hob, integrated fridge/freezer, spotlights, double glazed window and double glazed French doors leading to the balcony.

BEDROOM
The bedroom has a double glazed window to the side, television aerial point, radiator and spotlights.

BATHROOM/WC
The bathroom has a white three piece suite comprising; panelled bath with mains fed shower over, pedestal wash hand basin and a low level wc. There are part tiled walls and a radiator.

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 £1000+vat (total £1200) 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.

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.

The Service Charge of £2300 per annum includes ALL expenses across the complex including maintenance and charges in respect of Times Square parking (which 411 The Bar has a designated space). Trinity Estates are the property management company and they have specific capital expenditure reserves set aside for large-scale repair or renovation work. All the charges are proportionately divided between all apartments. The vendor has advised that the monthly Service Charge has only increased by £11.00 per month in the four years that the vendor has owned the apartment.

The only additional charge (aside from utilities) is the annual Ground Rent, which totals £350.00 for the year.

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