*Guide | £30,000 (plus fees)
- Flat
- 2 Bedrooms
- Tenure: Leasehold. 125 years from and including 4 April 2022
Call the team on 01642 931060 for more information
Two Bedroom First Floor Flat, Charles Street, Boldon Colliery
A two bedroomed first floor flat located on Charles Street in Bolden Colliery, within walking distance to all major amenities including shops, schools and sports facilities. The property has its own separate entrance and accommodation comprises: Lounge, Kitchen, Two Bedrooms and Bathroom. The property is currently tenanted, generating a gross rental income of £448pcm/ £5,376 per annum gross. We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (22nd September), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 28 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on 01642 931060. Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms, documentation and completed ID checks have been received at teesvalley@auctionhouse.co.uk. for any further assistance, please do not hesitate to contact us in the office.
Tenure
Leasehold. 125 years from and including 4 April 2022
Accommodation
Lounge Kitchen Bedroom 1 Bedroom 2 Bathroom
Auctioneer's Notes
Property construction – Standard Electricity supply – Mains Water supply – Mains Sewerage – Mains Heating – Mains Broadband –Standard Speed – 5 mbps Mobile signal / coverage – O2 - Very Good/Vodafone - Very Good /EE - Good/Three - Good Parking – On Street Building Safety – See Legal Pack Restrictions – Yes - See Legal Pack- Rights and easements - See Legal Pack Flood risk – Very Low Coastal erosion – Very Low Planning permission – See Legal Pack Accessibility / adaptions – See Legal Pack Coalfield or mining area - See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating D
Local Authority
South Tyneside Metropolitan Borough Council
Solicitors
HNW Law, Suite 17, Ref: HNW Law, Tel: 01642 050800
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - 1.8% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.
Administration Charge - £1800 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
