Lot 56 - 68b Camden Street, North Shields, Tyne and Wear, NE30 1NH

  • Unconditional Online Auction Sale
  • Guide Price* : £49,950
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1

One bed first floor apartment close to Fish Quay

Description

- One bed first floor apartment
- Ideal for first-time buyers or investors
- Close to Metro and transport links
- Walking distance to Fish Quay and town centre

A well-presented one-bedroom first floor flat, ideally located close to North Shields town centre and the popular Fish Quay. This property offers an ideal opportunity for first-time buyers, investors, or those seeking a low-maintenance home in a highly convenient location.

Accessed via a private entrance, the accommodation is arranged across the first floor. The spacious lounge enjoys an abundance of natural light and provides an inviting living area. The fitted kitchen lies just off the living area and includes a range of wall and base units, work surfaces, and space for appliances, creating a practical and functional layout. The double bedroom offers generous proportions, while the bathroom is fitted with a modern white three-piece suite comprising a panelled bath with overhead shower, wash basin, and W.C. Overall, the flat has been well maintained and provides the perfect blank canvas for a new owner to make their own.

Externally, there is on-street parking available and the property benefits from a central yet quiet position within easy reach of all local amenities.

Camden Street is ideally situated for access to North Shields town centre, which offers a wide range of shops, cafes, and supermarkets. The nearby North Shields Metro Station provides excellent transport links to Newcastle City Centre, Tynemouth, and the coast, making it perfect for commuters. Just a short walk away, the Fish Quay offers a fantastic selection of restaurants, bars, and scenic riverside walks, while Tynemouth Village and Longsands Beach are only a few minutes’ drive, offering further leisure and lifestyle opportunities.

Given its central location, strong local rental demand, and low maintenance nature, this property represents an excellent buy-to-let investment or starter home.

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

24/03/2009

Lease Duration

999 years (982 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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Louise McMorran
0191 563 4242

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