Flat for sale in Avison Street, Newcastle Upon Tyne NE4

For sale via modern method of auction

Ideally situated just next to the famous St. James' Park and withing walking distance to both the university and the city centre.

The front door to this property is accessed from the street and straight in to the spacious hall with built in storage under the stairs. On this floor is two double bedrooms and the main bathroom, comprising of sink, bath with shower over head and WC.

Stairs lead to the first floor and the third double bedroom which benefits from having an attached sink and WC. This floor has the main living area with a dining room open plan to the lounge. Just off the lounge is a sit out balcony. The kitchen is modern with a range of wall and base units.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Living Room

Kitchen

Bedroom 1

Bedroom 2

Bedroom 3

Bathroom

WC