Apartment
This one bedroom, first floor apartment, is situated on Mather Road and would make a good addition to a portfolio.
The property benefits from fully fitted kitchen and bathroom, double glazing, a secure entry and gas central heating. It would benefit from some redecoration and new carpets. The development has a lift and 24 hour concierge.
The property is situated close to Newcastle College and the provides easy access to the city centre.
Comprises: Hall, Lounge, Kitchen, Bedroom and Bathroom
We have been advised there is approximately 111 years remaining on the lease. Ground rent of £10 per annum and service charge of £460 per annum. Please refer to the legal pack for further details and confirmation. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Construction Material: Standard brick. Heating: Boiler and radiators mains gas. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2 and Three show as high in this area, and EE and Vodafone as medium. Satellite and Cable - BT, Sky and Virgin show as available in this area.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
- Heating Supply: Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
