- For Sale by Modern Auction +
- T & C’s Apply +
- Subject to Reserve Price +
- Buyers Fees Apply +
- Two Double Bedrooms +
- Serviced Elevator +
- No Upper Chain +
- Council Tax Band C +
- Viewing Recommended +
- Call For More Information +
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For sale by Modern Method of Auction: Starting Bid Price £125,000 plus Reservation Fee
This property is for sale by The Great North Property Auction powered by iam-sold.
Situated on the desirable Duke Street in North Shields, this impressive second-floor apartment with stunning River views offers a perfect combination of modern living and everyday convenience. An excellent choice for first-time buyers, couples, and smaller families.
Accessed via a communal entrance with both stairs and a lift, the apartment comprises: a private entrance hallway with built-in storage, a bright and spacious open-plan living area boasting a balcony with fantastic views and a modern fitted kitchen that includes integrated appliances and a breakfast bar. There are two generously sized double bedrooms, the main with a Juliet balcony and a contemporary bathroom/WC, featuring a shower over the bath. Additional benefits include gas central heating and double glazing throughout.
Located close to the Ferry Landing, this apartment offers the charm of Quayside living, along with the vibrant atmosphere that comes with it. The proximity to Tynemouth adds to the appeal, providing access to beautiful beaches, local shops, and a variety of dining options.
Viewing is essential to fully appreciate this property. For more information, please call our team on .
Tenure
The agent understands the property to be leasehold. However, this should be confirmed with a licensed legal representative.
Council Tax band: C
Living Room - 3.77 x 6.52 (12'4" x 21'4") -
Kitchen - 3.38 x 2.94 (11'1" x 9'7") -
Main Bedroom - 3.16 x 4.87 (10'4" x 15'11") -
Bedroom Two - 2.76 x 3.75 (9'0" x 12'3") -
Auctioneer's Comments - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.