Portrush Way
Benton, Newcastle upon Tyne, NE7

£75,000 Guide price
21
Call Us 0191 266 4455

Features

  • Auction
  • Great Investment
  • Two Bedroom
  • Private Balcony
  • Private Rear Garden
  • Upper Floor Flat
  • Council Tax Band: A

Description

Tenure: Leasehold

Conditional Auction (option 2)

 

Online bidding will be opening 31/07/2024 at 12:00

 

Disclaimer One

This property is to be sold via conditional auction (option 2). The successful buyer will need to pay a non-refundable deposit of £3,000.00, this deposit will form part of the purchase price of the property. After the deposit has been taken the buyer will then have 28 days to exchange contracts. After the exchange of contracts this purchase must complete no later than 14 days from this date.

 

Disclaimer Two

Every auction property comes with a guide price and a reserve price. The guide price sets the starting point for bidding, while the reserve price represents the minimum price that the seller is willing to accept at auction. The auctioneer is not allowed to sell the property below this reserve price. The reserve price is not revealed to the public and is kept confidential between the seller and the auctioneer. It may be up to 10% higher than the guide price.

Please note that both the guide price and the reserve price are subject to potential changes leading up to and including the day of the auction.

 

Disclaimer Three

At your request we can refer you to a 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.

 

Reservation Fee

This property is sold subject to a non-refundable reservation fee of £2,400.00 inc VAT (£2,000.00 plus VAT) The reservation fee does not form part of the purchase price.

 

Legal Pack

A legal pack will be available to download before the auctions end date. We strongly recommend all buyers to familiarise themselves with the legal pack prior to bidding.

 

Registration

To register to bid for this property please copy the link below into your browser.

northwoodauctionne.com

 

Property Description

Presenting a unique opportunity on Portrush Way, Benton. A two-bedroom upper-floor flat in need of significant renovation and is perfect for those looking to invest and add value.

Entering through the downstairs entrance, you'll find a useful outhouse offering additional storage space.

The property includes a spacious living room, serving as a blank canvas for your creative vision. There is a functional kitchen and a bathroom, both of which require modernization. The flat benefits from a large private rear garden, providing ample space for landscaping or recreational use. Additionally, a private balcony offers potential for a cosy outdoor seating area.

While this property needs extensive work, it holds great potential for a rewarding project. Located in a desirable area with convenient access to local amenities, schools, and public transport, this flat represents a prime investment opportunity.

 

For more information or to arrange a viewing please contact our Benton office. 0191 266 4455

 

Leasehold

Council Tax Band 2024-2025 - A - Approx £1,480.32 per annum

EPC Rating - E 

 

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

EPC rating: E. Council tax band: A, Domestic rates: £1480.32, Tenure: Leasehold, Length of lease (remaining): 89 years 3 months,

Living Room

3.64m (11′11″) x 4.59m (15′1″)

Kitchen

1.43m (4′8″) x 2.87m (9′5″)

Bedroom 1

3.55m (11′8″) x 3.55m (11′8″)

Bedroom 2

2.26m (7′5″) x 2.73m (8′11″)

Bathroom

1.51m (4′11″) x 2.28m (7′6″)

Documents

Floorplan
Download
EPC Certificate
Download

Mortgage Calculator