Flat for sale in Marconi House, Melbourne Street, Newcastle Upon Tyne NE1

For sale via modern method of auction

Stylish apartment offering the very best of city living in an attractive development. Located quite literally a few moments’ walk from Newcastle Quayside and a few minutes from Newcastle City Centre!

Marconi House is located between the City Centre and Quayside, approximately a five minute walk from each. The attractions of the Quayside include the Millennium Bridge, Baltic Art Gallery and Sage Music Centre, along with a fantastic variety of bars and restaurants.

The property itself is located on an upper floor, with lift and stair access, and consists of an entrance hall with wood laminate floor and secure entry phone leading to a lounge with wood flooring and neutral decor. The furnishings are contemporary and stylish in keeping with the development.

The kitchen is a galley style and is fully fitted benefitting from integrated appliances including fridge/freezer and washer/dryer- a dish washer is also included.

The property has two well-proportioned double bedrooms, both furnished with double beds and wardrobes. The master bedroom has a lovely en-suite shower room, and the main bathroom comprises white three piece suite with shower over the bath.

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.