East View, Wide Open, Newcastle Upon Tyne

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: Jan Forster - Gosforth Phone: 020 4645 6448

Located on the ever-popular East View in Wideopen, this spacious one-bedroom ground floor flat presents an excellent opportunity for first-time buyers or buy-to-let investors.<br/><br/>For sale by Modern Method of Auction: Starting Bid Price £50,000 plus Reservation Fee<br/>This property is for sale by The Great North Property Auction powered by iam-sold.<br/><br/>The property is well positioned and is close to a wealth of local amenities including shops, schools, and leisure facilities. Gosforth High Street and Newcastle City Centre are also within easy reach, accessible via regular public transport services and main road connections.<br/><br/>Internally, the accommodation comprises a welcoming entrance hall, a good-sized double bedroom, a bright and comfortable lounge, a spacious bathroom WC, and a fitted kitchen complete with a range of wall and floor units, as well as an integrated oven and hob. The property further benefits from gas central heating and double glazing throughout.<br/><br/>Externally, the flat boasts a substantial private yard to the rear, perfect for outdoor seating or storage, and a garden to the front that adds to its kerb appeal. <br/><br/>For more information or to arrange a viewing, please contact our team on[use Contact Agent Button].<br/><br/>Tenure<br/>The agent understands the property to be leasehold. However, this should be confirmed with a licenced legal representative.<br/><br/>Council Tax band: A<br/><br/><b>Auctioneer's Comments</b> - 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.<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 solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).<br/>The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% 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.<br/>Buyers will be required to go through an identification 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 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.<br/>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.<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 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 arrangement and payment prior to any services being taken by you.<br/><br/>