A substantial period end terraced house which is spread over four floors. The home is located on the corner of Amberton Road and Lancaster Road in this mature residential area. This property has been recently ran as bedsits with communal living, cooking and washing areas, but is now in need of investment to bring it to its full potential. It does lend itself to a number of uses and due to its size could be made into self contained apartments, used for multiple occupancy of even converted back into a large family home, subject to the usual consents. Features include uPVC double glazing (except to one small window), the roof covering has been renewed and the home also has three single garages. The floor plan briefly comprises: entrance vestibule, 'L' shaped entrance hall which has a staircase to the upper floors and leads to three rooms, inner hallway, kitchen, separate WC and bathroom. Located to the first floor are four further rooms, a kitchen and separate WC. To the top floor are two further rooms and a shower room/WC. This property also has the added bonus of a cellar comprising of three rooms which could further extend into living accommodation, again, subject to the usual consents. Externally is a palisade to the front and side which has planted borders, whilst to the rear of the property is a yard and three single garages. This home is in need of works which has been massively reflected in the guide price. It offers bags of potential and can only be truly appreciated upon internal inspection.
*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.
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 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 make payment of:A non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT - this is subject to a minimum of £6,000.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price.A non-refundable Buyer Information Pack fee of £200.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase.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 for this must be sought from your legal representative.The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded 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 the Great North Property Auction powered by IAM Sold.
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.
Ground Floor - Lower Ground - Cellar Room 1 - 7.01m x 3.05m 1.83m overall (23' x 10' 6 overall) - Cellar Room 2 - 6.40m x 3.58m overall (21' x 11'9 overall) - Cellar Room 3 - 5.61m x 4.78m overall (18'5 x 15'8 overall) - Entrance Vestibule - Double opening panelled doors, staircase giving access to the upper floors, door to: 'L' Shaped Entrance Hall - Door to basement. Room 1 (Front) - 5.87m into bay x 3.30m overall (19'3 into bay x 10 - Large bay with three uPVC double glazed windows. Room 2 (Side) - 3.12m x 4.14m plus bay, overall (10'3 x 13'7 plus - Large bay with three uPVC double glazed windows, 'traditional' style fire surround, white pedestal wash hand basin. Room 3 (Front) - 2.34m x 4.19m overall (7'8 x 13'9 overall) - uPVC double glazed window. Bathroom - Fitted with a white suite comprising: panelled bath with electric shower fitting over, pedestal wash hand basin, tiling to part walls, uPVC double glazed opaque window. Ground Floor Wc - Low level WC, uPVC double glazed opaque window. Kitchen (Front) - 2.79m x 3.15m overall (9'2 x 10'4 overall) - Fitted with a range of 'oak' style base, wall and drawer units (needing attention), 'black marble' effect working surfaces, single drainer sink unit, tiling to splashback, electric cooker point, wall mounted gas instant water heater, two uPVC double glazed windows, personal door to rear yard. First Floor - Landing - uPVC double glazed window, staircase to second floor. Room 4 (Front) - 5.31m x 3.33m overall (17'5 x 10'11 overall) - Tiled fireplace, pedestal wash hand basin with tiling to splashback, uPVC double glazed window. Room 5 (Front) - 2.29m x 4.14m overall (7'6 x 13'7 overall) - uPVC double glazed window. Room 6 (Side) - 3.25m x 4.14m overall (10'8 x 13'7 overall) - 'Traditional' style fire surround, uPVC double glazed window, pedestal wash hand basin. Inner Lobby - uPVC double glazed window, closed off staircase leading down to the ground floor which gives access to the rear yard. Kitchen - 2.36m x 2.49m overall (7'9 x 8'2 overall) - Single drainer stainless steel sink unit with base unit below, electric cooker point, tiling to splashback, uPVC double glazed window, built-in storage cupboard. Separate Wc - White low level WC, single glazed window. Room 7 (Front) - 2.13m x 3.68m overall (7' x 12'1 overall) - uPVC double glazed window. Second Floor - Landing - Kitchen (Side) - 3.84m x 3.99m overall (12'7 x 13'1 overall) - Working surface with inset single drainer sink unit with mixer tap, base unit below, walk-in storage cupboard, uPVC double glazed window. Room 8 (Side) - 3.02m x 4.67m overall (9'11 x 15'4 overall) - uPVC double glazed window. Shower Room/Wc - 2.11m x 2.51m (6'11 x 8'3) - Fitted with a coloured suite comprising: step-in shower cubicle with electric shower fitting over, tiling to splashback, pedestal wash hand basin, low level WC, Velux double glazed roof light. Outside - To the front and side of the property is a palisade which is enclosed by a dwarf brick wall and hedging for privacy and has a planted border. To the rear of the property is an enclosed yard. Three Single Garages - Only one garage has been inspected, all three garages are approximately 21' x 10' (6.40m x 3.05m), they have double opening doors and electricity.
This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.
Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.
A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement In the 28 day period following the auction or the date of acceptance of the offer.
If the Buyer Information Pack Pack has been produced and provided by IAM Sold any successful purchaser will be required to pay £200.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
For further information or to speak to one of our team, please call 0191 239 0802.
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.