*ONLINE Unconditional Auction Opening 24 February 2025*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Description
Situation:
The property is situate on Wellington Court, Newcastle, being a popular and well serviced area of the city, offering easy access to the City centre and its wealth of facilities and amenities, along with excellent transport links.
Description:
A wonderful opportunity to acquire this 2 bedroom apartment, offering well proportioned and versatile accommodation, with the benefit of double glazing and central heating. The property will appeal to both investors and owner occupiers alike, with scope to add value and generate a strong rental yield.
Accommodation
Entrance Hallway
Kitchen
Open Plan Living/Dining Room
Balcony
Bedroom 1
Bedroom 2
Family Shower Room
Material Information
Tenure:
The property is leasehold on a term of 125 years from 12 February 1990 . All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.
Council Tax:
The property falls within Gateshead Council – BAND A
Possession:
Vacant possession will be given upon completion.
Viewing:
Strictly by appointment with Auction House.
Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
Tenure: Leasehold
Lease Details: 125 years from 12 February 1990
EPC Rating: C
Lease Start Date
12/02/1990
Lease Duration
125 years (90 years unexpired)
Annual Ground Rent
£50
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
Non-refundable £3,400 inc VAT payable on the fall of the virtual gavel.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 01427 616436 for more information
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