2 Bed Flat, Single Let, Newcastle upon Tyne, NE16 5XB, £50,000

• Buy-it-now option available +
• Being sold by GOTO online auction +
• Buyer’s fees apply +
• Lease info: 99 years from 1 June 1973 +
• Rear garden +
• Garage +
• Lounge +
• Two bedrooms +
• Ground floor flat +

This two bedroomed ground floor flat is located in Sunniside on Kingsway.  The property is sold with no onward chain and will require updating.  The property is leasehold and the accommodation briefly comprises; an entrance hall, lounge, and kitchen with access to the rear garden.  Two bedrooms with wardrobes and a bathroom/wc.  Externally there is an enclosed rear garden and access to the detached garage. Entrance hall - Electric storage heater and a cupboard. Lounge - 12'3' x 11'8' Double glazed window to the front, electric storage heater, and coving to the ceiling. Kitchen - 8'8 x 6'8' Matching base and wall units with work surfaces over, splash back tiles, stainless steel sink with a mixer tap and drainer, electric hob, double glazed window to the rear, door to the rear, electric storage heater and a tiled floor. Bedroom - 12'3' x 9'7' including wardrobes.  Double glazed window to the front, electric storage heater, and fitted wardrobes. Bedroom - 9'7' x 7' Double glazed window to the rear, fitted wardrobes with sliding doors and concealing the water tank, electric storage heater. Externally there is an enclosed rear garden with a paved patio and lawn, it gives access to the rear and to the detached garage. Yopa for themselves and for the vendors or lessors of this property, whose agents they are, give notice that these particulars are produced in good faith, are set out as a general guide only, and do not constitute part or all of an offer or contract. The indicated measurements are supplied for guidance only and must be considered incorrect. Potential buyers are advised to recheck the measurements before committing to any expense. Yopa has not tested any apparatus, equipment, fixtures, fittings, or services and it is the buyer’s interest to check the working condition of any appliances. Yopa has not sought to verify the property's legal title, and the buyers must obtain verification from their solicitor. No persons in the employment of Yopa have any authority to make or give any representation or warranty whatever in relation to this property. These details whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.  Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy.  The measurements mentioned above are supplied for guidance purposes only and as such must be considered incorrect. Potential buyers are advised to recheck measurements before committing to any expenses.  Yopa has not tested any equipment, fixtures, or services and it is the buyer's interest to check the working condition of any appliances. Tenure We are advised the property is leasehold.  Buyers are advised to seek verification from a solicitor.  Lease term: 99 years from 01/06/19736 which may affect the ability to purchase the property with a mortgage or lenging. Service charge: £15 per annum
Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well. Being Sold by GOTO Online Auction Starting Bids from £50,000 Buy it now option available Please call or visit Yopa Online Auctions for more information. This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendor’s solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions. To book a viewing visit Yopa. This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department. Buyer Fees

• Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £6,600 including VAT a Legal Pack fee of £372 including VAT. This secures the transaction and takes the property off the market.
• Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.