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SSTC

Auction Guide £63,000

Esplanade, Whitley Bay

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** Video Tour on our YouTube Channel https://youtu.be/57l1Nw38Xow **INVESTMENT PROPERTY, GREAT RENTAL RETURNSIf you are a property speculator, this self contained ground floor flat might be the per...

** Video Tour on our YouTube Channel https://youtu.be/57l1Nw38Xow **

INVESTMENT PROPERTY, GREAT RENTAL RETURNS

If you are a property speculator, this self contained ground floor flat might be the perfect purchase if you are looking for a property to rent out.

The flat encompasses a spacious open plan lounge/kitchen with fitted units and integrateed oven and hob, one double bedroom, an en-suite shower room and externally there is off street parking. The flat also benefits from double glazing.

Positioned in an ideal location, only a short walk from the beach and also very handy for the town centre, with access to the Metro service and a wide range of bus routes.

Interested parties are urged to arrange a prompt internal viewing. Please call 0191 257 2000.

For sale by Modern Method of Auction: Starting Bid Price £63,000 plus Reservation Fee.

This property is for sale by The Great North Property Auction powered by iam-sold.

Covid-19 Viewing Guidelines
For the safety of our clients, yourselves and our staff we are currently only allowing viewings to go ahead if viewers wear appropriate PPE (masks and gloves). Social distancing rules must also be adhered to at all times. Where possible we will encourage vendors to leave the property while the viewing is going ahead. We also will only allow 2 people to view a property at any one time. We may share contact numbers where requested by NHS to prevent the spread of Covid-19.

Open Plan Lounge/Kitchen 3.91 x 5.90 (12'9" x 19'4")

Bedroom 2.59m x 4.42 (8'5" x 14'6")

Auctioneers 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, 56 days to allow both exchange, and completion.
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 4.2%
subject to a minimum of £6000.00 (inc VAT) which secures the transaction
and takes the property off the market. The buyer will be required to sign an
Acknowledgment of Reservation form to confirm acceptance of terms prior
to solicitors being instructed. Copies of the Reservation form and all terms
and conditions can be found in the Legal 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
The Great North Property Auction powered by iam-sold Ltd.

Read more...

Transport

Whitley Bay
0.2 miles

Cullercoats
0.6 miles

Monkseaton
0.7 miles

West Monkseaton
1.4 miles

Tynemouth
1.9 miles

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