Auction Date Commencing on Monday 23rd June at 1pm and ending 24 hours later on Tuesday 24th June at 1pm with Auction House North East Please register to bid via our website - auctionhouse.co.uk/northeastVACANT 1 BEDROOM FLAT IDEAL FOR INVESTORS OR FIRST-TIME BUYERSOffered at auction is this vacant one bedroom flat presenting an excellent opportunity for investors or first time buyers. Located in a popular residential area of Wallsend, the property is within easy reach of local amenities and benefits from excellent transport links, including Wallsend Metro Station. The flat comprises a spacious double bedroom, a large lounge, a kitchen with dining area, and a bathroom fitted with a walk in shower. The property also has off road parking. It is essential that all parties complete their own due-diligence on any auction property, ensuring they read the full legal pack prior to bidding. On the day of the auction, you must be in a position to legally exchange contracts at the fall of the gavel. Payment of a 10% deposit (£5,000 min, unless stated otherwise within the legal pack) will be required, alongside any additional fees as outlined in the Special Conditions of Sale. The completion deadline can also be found within the legal pack. You must be registered to bid. Please note that previous purchases, interest or registration are not valid for a forthcoming auction. A pre-authorisation of £6,200 is required to bid within the auction. This is a temporary hold on funds within your bank account which will be released after the auction if you are not the successful bidder. Please note it can take up to 7-10 business days (sometimes longer) for the funds to be made available within your account, subject to your bank’s processes. For any questions or further assistance registering to bid, please contact us. Tenure: LeaseholdEPC Rating: C

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Additional Fees

Administration Charge - £3600 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.