Chestnut Street, Ashington

Property Details: - Type: House - Bedrooms: 2 - Bathrooms: 1

Agent: Susan Spokes Real Estate - South Shields Phone: 020 8022 5019

Ideal property to add to any Landlord portfolio. Currently generating a 10% yield.<br /><br />Situated close to the town centre and a short drive from the coast.<br /><br />Briefly comprising entrance hall, lounge, modern kitchen, bathrooms and two bedrooms. There is also a lovely front garden.<br /><br /><b>Entrance</b> - <br /><br /><b>Kitchen</b> - Modern fitted kitchen with a range of wall and base units and contrasting work surfaces. Electric hob and integrated electric oven with stainless steel extractor over. Stainless steel sink.<br /><br /><b>Lounge</b> - Neutrally decorated lounge<br /><br /><b>Bathroom</b> - Modern grey bathroom with shower over the bath, shower screen , vanity wash hand basin and low level wc<br /><br /><b>First Floor Landing</b> - <br /><br /><b>Bedroom One</b> - Neutrally decorated bedroom<br /><br /><b>Bedroom Two</b> - Neutrally decorated bedroom<br /><br /><b>External</b> - Garden to the front of the property.<br /><br />Auctioneer Comments<br />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<br />Auctioneer, iamsold Limited<br />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 <br />solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, <br />affordability and survey).<br />The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price <br />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 <br />part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification <br />verification process with iamsold and provide proof of how the purchase would be funded.<br />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 <br />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<br />Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the <br />preparation cost of the pack, where it has been provided by iamsold.<br />The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.<br />Referral Arrangements<br />The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they <br />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. <br />Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral <br />arrangement and payment prior to any services being taken by you.<br /><br />