City Road, Newcastle upon Tyne, Tyne and Wear, NE1 2AE

A superb opportunity to purchase this good size first floor apartment situated within this favoured residential development which is currently tenanted at £350 PCM/£4200 per annum. Full market value is currently around £1200 pcm.

The accommodation offers spacious living and briefly comprises; communal entrance via secure door entry intercom system, entrance hall with useful storage cupboards and intercom system, living dining area, kitchen with a good range of wall and base units, complimenting work surfaces, built in electric hob, built in electric oven and grill, stainless steel sink, tiled splashback, space for appliances, plumbed for washing machine and tiled flooring. Two bedrooms and bathroom/W.C.

Benefitting from no onward chain, allocated parking space in secure gated cark park, electric heating and UPVC double glazing. The property is ideally located for Newcastle City Centre, good transport links, local amenities, and local bars and restaurants.

Leasehold 150 years from 1st January 2003 should you proceed with this purchase these details must be verified by your solicitor

Virtual tour available at link below:

Please contact the Heaton Branch for further information and viewings.

Council Tax Band: C Tenure: Leasehold Length of Lease: 126 Annual Ground Rent Amount: £100.00 Annual Service Charge Amount: £1,909.00

Front External Secure communal entrance with stairs and lift to all floors.

Entrance Hall With doors off to the lounge, bedrooms, bathroom/WC and two storage cupboards.

Living/ Dining Area UPVC double glazed door to Juliette balcony and two electric storage heaters.

Kitchen With a good range of wall and base units, complimenting work surfaces, built in electric hob, built in electric oven and grill, stainless steel sink, tiled splashback, space for appliances, plumbed for washing machine and tiled flooring.

Bedroom One UPVC double glazed window to the rear, fitted wardrobe with sliding doors and electric storage heater.

Bedroom Two UPVC double glazed window to the rear, fitted wardrobes with sliding doors and radiator.

Bathroom/WC White three piece bathroom suite comprising; bath with shower over, hand wash basin, low level WC, tiled walls, tiled floor and heated towel rail.

Allocated Parking space The property comes with a numbered allocated parking space in secure gated car park.

Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.