Online Auction 26th September 2023
First Floor Flat
Instructed on behalf of Lender not in possession – The property is not in possession; therefore access cannot be gained and no viewings can take place.
Description
Not inspected but understood to comprise a first floor flat.
Accommodation
We are unaware of the property’s accommodation.
We have taken the Total Floor Area from the Energy Performance Certificate (EPC) as follows:
Total Floor Area: 76 sq m (818 sq ft)
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Location
The property is situated in South Shields close to South Tyneside District Hospital and approximately 8 miles from Newcastle city centre.
Tenancy
Assumed Vacant.
Tenure: Leasehold
Title number: TY559992
Length of Lease/Term: 999 years from 25th February 1983
Ground Rent : £TBC
Service Charge: £TBC
Council Tax Band : A
Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Leasehold
Lease Details: TY559992
EPC Rating: F
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
1.2% incl VAT of the purchase price, subject to a minimum of £1,200 incl VAT, payable on exchange of contracts.
No fee applicable
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.