2 bed lower flat to buy in NE2

Mayfair Road, West Jesmond, Newcastle upon Tyne, Tyne and Wear, NE2 3DN

Current Bid
£169,000
Starting Bid £155,000
29 Bids
Sold

Online auction

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

  • Tenanted Investment Returning £700pcm
  • Double Glazed and Gas Central Heating
  • Well Located
  • Private Rear Yard
  • Ground Floor Flat
  • EPC Rating C

2 bed lower flat to buy in NE2

TO BE SOLD VIA ONLINE AUCTION 07/09/21 11:50. Fees Apply

Appealing to buy to let investors is this two bedroom ground floor flat which is currently tenanted at £700 PCM and is located with excellent access for Newcastle City Centre, Jesmond and Gosforth.

The property comprises; entrance hall, lounge, kitchen to the rear with a good range of white wall and base units, cooker, fridge freezer, washing machine, door out to the rear yard, two bedrooms and a bathroom/W.C. Externally there is a private yard to the rear with walled surround. The property benefits from gas central heating and UPVC double glazing.

Mayfair Road is within easy walking distance of local shops and services, easy walking distance to university and major bus & Metro routes.

Virtual tour available at link below:

https://www.madesnappy.co.uk/tour/1ga1g2ec6

Please contact the Heaton Branch on 0191 2049601 or email heaton@pattinson.co.uk for further information and viewings.

Summary

  • Property Type: Lower Flat
  • Bedrooms: 2
  • Receptions: 1
  • Tenure: Leasehold
  • Central Heating: Gas
  • Parking: On Street
  • USPs: Has Garden
Image of Front External
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Front External

Image of Hallway
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Hallway

Entrance hall way with large storage cupboard, laminate flooring and radiator.

Image of Lounge
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Lounge

3.98m x 3.69m (13'0" x 12'1")

UPVC double glazed window to the rear, storage cupboard, radiator

Image of Kitchen
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Kitchen

3.38m x 2.75m (11'1" x 9'0")

White wall and base units with contrasting worktop, gas oven and hob, stainless steel extractor hood, fridge freezer, washing machine, stainless steel sink with mixer tap, UPVC double glazed window and radiator.

Image of Bedroom One
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Bedroom One

4.38m x 4.13m (14'4" x 13'6")

Large UPVC double glazed bay window to the front, feature fireplace (cast iron), stripped wood flooring, ceiling rose, picture rails and radiator.

Bedroom Two

4.86m x 2.28m (15'11" x 7'5")

UPVC double glazed window to the rear and radiator.

Image of Bathroom
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Bathroom

2.78m x 2.28m (9'1" x 7'5")

White three piece suite comprising; Panel bath with shower over, hand wash basin built into vanity unit, low level WC, tiled floor, UPVC double glazed window and radiator.

Image of Yard
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Yard

Externally there is a private yard to the rear with walled surround.

Floor plan

Floor plan
EPC for 2 bed lower flat to buy in NE2

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. 

Please login to view legal packs for this property.

Virtual Tour