2 Bedroom Flat (Leasehold Property)

Rosebud Close, Swalwell, NE16 3DF
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Starting Price*: £77,000.00
Bid History: 0 Bids
Time Left: 35d 9h 31m 50s (31st Aug 2017 15:00BST)
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Property Overview

Offered with no upper chain, this two double bedroom ground floor apartment has the benefit of a single garage and allocated parking. The property is gas central heated and double glazed. The property also offers an ideal commuting base with good links to the A1 Western Bypass North/South bound and Metro Centre alike. EPC Grade C.Available with no upper chain and being sold by the modern method of auction ( ask in branch for details) we recommend an early viewing to avoid disappointment.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Communal Entrance Entered via entry phone. Front Entrance Entered via external door into hallway. Hallway With storage cupboard and central heating radiator and additional storage cupboard housing central heating system. Lounge 15' 2" (13) x 1' 0" (4.62m (13) x .3m ) With feature fireplace housing electric fire, t.v. point, intercom entry phone system and central heating radiator. Kitchen 6' 10" (12) x 1' 0" (2.08m (12) x .3m ) Comprising wall and base units, worktops, inset sink unit, built in gas hob and electric oven, extractor hood, plumbed for automatic, tiled splash back area and central heating radiator. Bedroom 11' 5" (14) x 0' 0" (3.48m (14) x 0m ) Double room with central heating radiator. Bedroom 8' 7" (12) x 8' 0" (2.62m (12) x 2.44m ) Double room with central heating radiator. Bathroom 6' 10" (6) x 10' 0" (2.08m (6) x 3.05m ) Suite comprising bath with mains shower over, vanity wash hand basin, low level w.c., extractor fan, tiled splash back area and central heating radiator. External To the front of the property there is allocated parking for one car, whilst to the rear there is a single garage entered via up and over door.

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Reeds Rains

Local Branch: 31 Front Street, Whickham, NE16 4EA
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These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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