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2 bed Flat For Sale £55,000
Cotterdale Avenue, Gateshead NE8


Description
For sale by online auction ending ………2022. The property is sold under unconditional auction terms and conditions.

Ideal investment opportunity, a ground floor flat with two bedrooms. The location offers convenient access to the amenities and facilities offered in and around Gateshead Town Centre as well as for access to transport routes and services to the surrounding areas. Require some refurbishment.

Entrance Lobby

With internal door to the hallway.

Entrance Hallway

With built in cupboard for storage.

Lounge (4.4m x 3.5m)

With a focal point feature fireplace set to the chimney breast and a double glazed window.

Bedroom One (4m x 3.5m)

With a double glazed bay window to the front elevation and a wall mounted electric heater.

Bedroom Two (3.1m x 2.2m)

With a double glazed window to the rear.

Kitchen (3.1m x 2.7m)

Presented with a range of wall and base units with work surfaces over and incorporates a sink unit with drainer. Space is provided for the inclusion of a free standing cooker as well as for a fridge/freezer and washing machine. A double glazed window overlooks the rear yard and a door leads out to the rear yard.

Bathroom

Equipped with a panelled bath with electric shower over, pedestal hand wash basin and a low level wc. The bathroom houses the water boiler, has cladding to the walls and a double glazed window.

External

A yard is located to the rear.

Terms & Timescale

This property is being sold subject to unconditional purchase premium auction terms and conditions. Immediate exchange of contracts. Completion must take place within 28 days.

Legal Pack

A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) which contributes towards the overall purchase price of the property.
The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £2,400 inc VAT. This does not form part of the purchase price.

More Information

For further information please contact our auction department on or email

On Line Auction Notice

I hereby acknowledge and confirm the following:
Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
The auction will continue to run if there is a bid within 10 minutes of the closing time. After 10 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This (truncated)

Follow the link for more information:
        
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