Maple Avenue, Gateshead

FOR SALE VIA THE MODERN METHOD OF AUCTION

*For sale via secure sale online bidding: terms and conditions apply.*

Investment opportunity comprising two self contained first floor flats. Each flat has two bedrooms.

The property is situated within the town of Gateshead, which lies on the southern bank of the River Tyne in North-East England, approximately one mile south of Newcastle upon Tyne city centre.

6 Maple Avenue is a two-bedroom first floor flat, comprising of hallway with stairs leading to first floor landing, lounge, kitchen, two bedrooms and bathroom.
Floor Area: 56.09 sq m (604 sq ft) approx.

10 Maple Avenue is a two-bedroom first floor flat, comprising of hallway with stairs leading to first floor landing, lounge, kitchen, two bedrooms and bathroom.
Floor Area: 76.4 sq m (822 sq ft) approx.

Market rent potential £14,400 per annum (£7,200 per flat, per annum)

Tenure: Please confirm with agent | Council Tax: Band A | Flat 6 EPC Rating: Band E | Flat 10 EPC Rating: Band D | Mains services available to the site | Broadband available

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.