Lot 32 - 59 Spoor Street, Gateshead, Tyne And Wear, NE11 9BD

  • Unconditional Online Auction Sale
  • Guide Price* : £69,000
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 1

2 bedroom ground floor flat

Description

- 2-bedroom ground floor flat
- Popular and convenient location in Dunston
- Close to A1, Metrocentre, and local schools
- Fitted kitchen and bathroom
- Shared rear yard
- Ground floor access
- Currently tenanted for £500pcm
- Potential rent £650pcm

This well-located two-bedroom ground floor flat on Spoor Street, Dunston. The property is situated in a popular residential area, close to local amenities, excellent transport links via the A1, and just a short distance from the Gateshead Metrocentre. The area is also served by well-regarded schools, making it a sought-after rental location.

Accommodation comprises:

Entrance Lobby & Hallway – Provides access to all rooms
Lounge (4.06m x 3.21m) – Window to rear, neutral décor
Kitchen (3.52m x 2.23m) – Fitted with wall and base units, built-in oven, hob and canopy, inset sink, access to rear yard
Bathroom (1.99m x 1.91m) – White suite with panelled bath, pedestal basin, and WC
Bedroom One (4.32m x 4.09m) – Spacious double bedroom with bay window to front
Bedroom Two (2.8m x 2.47m) – Single bedroom with window to rear

Externally:
Shared yard to the rear.

Please note that the selling agent has not carried out an internal inspection of the property. All descriptions, measurements, and other details have been provided by the vendor in good faith and are believed to be accurate. However, prospective purchasers must rely on their own inspections and due diligence. The agent accepts no responsibility for any inaccuracies or omissions in the information provided.

ADDITIONAL TERMS
1. This lot is for sale subject to unconditional auction terms.
2. If the reserve price is met or exceeded, contracts will exchange with immediate effect upon the close of the auction.
3. Following exchange of contracts, parties have 28 days in which to complete the purchase (unless specified otherwise in the special conditions).
4. A non-refundable deposit of 5% is payable within 1 hour of the auction closing.
5. The winning bidder is to make payment to the auctioneer a reservation fee of 6% including VAT subject to a minimum of £6,000 including VAT. The reservation fee is payable in addition to the purchase price and is payable within 1 hour of the auction closing.
6. An administration charge of £714 including VAT is payable by the successful buyer within 1 hour of the auction closing.
7. A legal pack has been provided by the seller’s solicitor and is available to download. We strongly recommend reviewing this thoroughly and discussing any queries with your solicitor prior to bidding.
8. I acknowledge that the seller may accept my bid at any time prior to the scheduled auction end date.

Council Tax Band

A

Lease Start Date

28/08/1987

Lease Duration

999 years (961 years unexpired)

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Office Contact

Louise McMorran
0191 563 4242

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