2 Bed Flat, Refurb/BRRR, North Shields, NE29 0JR, £50,000

• Ground Floor Flat +
• Two Bedrooms +
• Private Rear Yard +
• Gas Central Heating +
• End Of Chain +
• Must Be Viewed +
• In Need of Updating +
• Council Tax Band A +
• EPC Rating C +

Conditional Auction (option 2)

Online bidding will be opening 29/01/25 at 9:00

Disclaimer One

This property is to be sold via conditional auction (option 2). The successful buyer will need to pay a non-refundable deposit of £3,000.00, this deposit will form part of the purchase price of the property. After the deposit has been taken the buyer will then have 28 days to exchange contracts. After the exchange of contracts this purchase must complete no later than 14 days from this date.

Disclaimer Two

Every auction property comes with a guide price and a reserve price. The guide price sets the starting point for bidding, while the reserve price represents the minimum price that the seller is willing to accept at auction. The auctioneer is not allowed to sell the property below this reserve price. The reserve price is not revealed to the public and is kept confidential between the seller and the auctioneer. It may be up to 10% higher than the guide price.

Please note that both the guide price and the reserve price are subject to potential changes leading up to and including the day of the auction.

Disclaimer Three

At your request we can refer you to a Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Reservation Fee

This property is sold subject to a non-refundable reservation fee of £2,400.00 inc VAT (£2,000.00 plus VAT) The reservation fee does not form part of the purchase price.

Legal Pack

A legal pack will be available to download before the auctions end date. We strongly recommend all buyers to familiarise themselves with the legal pack prior to bidding.

Registration

To register to bid for this property please copy the link below into your browser.

northwoodauctionne.com

This two-bedroom ground floor flat, located on Chirton Green in North Shields, presents a substantial renovation opportunity for those seeking a property with potential. The flat comprises a living room, two bedrooms, a kitchen, and a bathroom, all of which are in need of modernization. For buyers who are looking for a project, this property offers a blank canvas to reimagine the interior layout and finishes to suit personal tastes and requirements. Whether updating the existing features or redesigning the entire space, this property allows for complete customization and presents an opportunity to create a home from the ground up. One of the key advantages of this property is its practical gas central heating system, which provides an efficient and cost-effective means of heating throughout. This can offer peace of mind, as central heating systems are typically more reliable and easier to maintain than other types of heating, especially in colder months. Beyond the interior, the property is ideally situated for access to local amenities, including a variety of shops, schools, and healthcare facilities. Additionally, the flat is well-connected via public transportation links, making it convenient for those needing to travel to Newcastle or other nearby towns. Its location is a benefit for individuals or families who need easy access to commuting routes or who require proximity to everyday necessities. This flat could be a particularly appealing option for first-time buyers, developers, or investors looking for a property with potential to significantly increase in value following renovations. With the scope for improvements and upgrades, the flat represents an opportunity to build equity through thoughtful design and investment. Its location in North Shields, a sought-after area, further enhances its long-term potential, whether as a personal residence or as part of a portfolio of investment properties.

EPC Rating C 
Council Tax Band A £1,408.23 pa
Tenure - The agent understands the property to be leasehold 999 years remaining from 21st June 1991. However, this should be confirmed with a licensed legal representative.

To secure a viewing in the first instance please contact Moving Homes on 0191-2964600 or visit our website movinghomesuk.com.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: C. Tenure: Leasehold,