VACANT 1 BEDROOM FLAT
IDEAL FOR INVESTORS OR FIRST-TIME BUYERS
Description
Offered at auction is this vacant one bedroom flat presenting an excellent opportunity for investors or first time buyers. Located in a popular residential area of Wallsend, the property is within easy reach of local amenities and benefits from excellent transport links, including Wallsend Metro Station.
The flat comprises a spacious double bedroom, a large lounge, a kitchen with dining area, and a bathroom fitted with a walk in shower.
The property also has off road parking.
It is essential that all parties complete their own due-diligence on any auction property, ensuring they read the full legal pack prior to bidding.
On the day of the auction, you must be in a position to legally exchange contracts at the fall of the gavel. Payment of a 10% deposit (£5,000 min, unless stated otherwise within the legal pack) will be required, alongside any additional fees as outlined in the Special Conditions of Sale. The completion deadline can also be found within the legal pack.
You must be registered to bid. Please note that previous purchases, interest or registration are not valid for a forthcoming auction.
A pre-authorisation of £6,200 is required to bid within the auction. This is a temporary hold on funds within your bank account which will be released after the auction if you are not the successful bidder. Please note it can take up to 7-10 business days (sometimes longer) for the funds to be made available within your account, subject to your bank’s processes.
For any questions or further assistance registering to bid, please contact us.
Tenure: Leasehold
EPC Rating: C
Important Notice to Prospective Buyers
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.
Administration Charge
£3600 inc VAT payable on exchange of contracts.
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
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.