2 bed apartment to buy in NE1

St. James Gate, Newcastle upon Tyne, Tyne and Wear, NE1 4BA

Starting Bid
£125,000
Current Bid £0
Time left:
Bid now

Online auction

Alternatively call 0191 737 1154 or email commercial@pattinson.co.uk

  • Situated on Fifth Floor
  • City Centre Apartment
  • Two Bedrooms
  • Master En-Suite
  • Secure Parking Bay
  • Potential Rental Income£10,200 PA

2 bed apartment to buy in NE1

TO BE SOLD VIA ONLINE AUCTION ending Wednesday 15th April 12:00. Unconditional Auction Terms Apply.

City Centre Living is offered within this well presented apartment situated in this modern development, occupying a central plot. Nearby amenities and attractions include the Centre for Life, Newcastle’s vibrant quayside, Newcastle City Centre with its range of shops, bars and restaurants plus the Central train station which is on the East coast mainline.

The accommodation, briefly comprises; communal entrance hall with lift and stairs to upper floors, entrance hallway, open plan lounge/dining kitchen with integrated appliances, two bedrooms, master with ensuite and a separate bathroom/WC. There is secure entry phone system, a balcony from the lounge overlooking the development courtyard as well as an allocated parking space in the nearby Times Square car park.

We anticipate high levels of interest view at your earliest convenience.

Summary

  • Property Type: Apartment
  • Bedrooms: 2
  • Receptions: 2
  • Tenure: Leasehold
  • Central Heating: Gas
  • Parking: Allocated
EPC for 2 bed apartment to buy in NE1

This property is being sold subject to unconditional auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a 10% deposit subject to a minimum of £3,600 which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

There is an administration charge payable by the buyer of £650 + VAT (£780 inc VAT)

This does not form part of the purchase price.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

 

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following: 

My bid, once submitted, cannot be withdrawn by me at any time before 1 hour after the close of the auction. My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online. 

At the point of registration you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within five business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the balance outstanding balance (if applicable) at which point you can opt to use the same card.  

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid for 15 minutes. After 15 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met. If there is another bid within 15 minutes of the last bid, the auction countdown timer will be restarted for another 15 minutes to allow further bidding. This system avoids last minute (or second) bidding, and makes for a fairer auction as in a live room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice.

Minimum online bidding increments:

Up to £50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £1 million - £2,000 minimum bid
£1 million+ -  £2,500 minimum bid

Please note this bidding process applies specifically to online auctions.

Please login to view legal packs for this property.