1 bed apartment to buy in NE1

City Road, Quayside, Newcastle upon Tyne, Tyne and Wear, NE1 2BN

Current Bid
£81,500
Starting Bid £75,000
20 Bids

Online auction

Alternatively call 0191 2049601 or email heaton@pattinson.co.uk

  • For Sale by Auction
  • Ground Floor Apartment
  • One Double Bedroom
  • Open Plan Living
  • Balcony
  • Energy Rating TBC

1 bed apartment to buy in NE1


TO BE SOLD VIA Online Auction until 17/08/2021 11:30. Fees Apply.

Offering modern and stylish is this one bedroom ground floor apartment situated close to Newcastle Quayside and city centre. Appealing to investors as this would make a great Air BnB or buy to let investment. Situated within a secure gated entrance area leading to a communal courtyard area, secure communal entrance with door intercom, the apartment includes entrance hallway, utility cupboard housing washing machine and water tank, open plan living area with door out to private balcony, dining area and stylish grey high gloss kitchen incorporating a built in electric oven, hob with extractor hood over, integrated fridge freezer and dishwasher, double bedroom and a bathroom/W.C. Externally there is a communal landscaped courtyard and an underground allocated parking bay.

Ideally located within walking distance of Newcastle Quayside with trendy bars and restaurants, Baltic Centre for contemporary art, great transport links and local amenities

Summary

  • Property Type: Apartment
  • Bedrooms: 1
  • Receptions: 1
  • Tenure: Leasehold
  • Central Heating: Electric
  • Parking: Allocated

Communal entrance

Via secure door entry and door intercom

Entrance hallway

utility storage cupboard housing washing machine and tank, electric panel heater, doors to all rooms

Image of Lounge/dining area/kitchen
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Lounge/dining area/kitchen

Open plan lounge with door out to the balcony, electric panel heater, door intercom, TV point, dining area, modern grey high gloss kitchen incorporating a built in electric oven, hob with extractor hood over, integrated fridge freezer, integrated dishwasher

Image of Double bedroom
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Double bedroom

double glazed window, laminate flooring, electric panel heater

Image of Bathroom/W.C.
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Bathroom/W.C.

White three piece suite comprising; panelled bath with shower over, pedestal wash handbasin, low level W.C., half height wood panelling, heated towel rail

Image of Floorplan
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Floorplan

floorplan

floorplan
EPC for 1 bed apartment to buy in NE1

This property is being sold subject to unconditional reservation fee 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 deposit of 5% 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 reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price. A reservation fee is payable by the buyer where a seller has opted to sell with no fees.

As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable. 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 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 three 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 outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

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 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. 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 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. 

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