About this property

Addendum To Printed Catalogue

Completion will take place no later than 27th December 2018.

The sale consists of the Leasehold title to 62 Eastbourne Avenue and the Freehold title to 60 Eastbourne Avenue, Gateshead, Tyne and Wear NE8 4NH.


A one/two bedroom ground floor flat now requiring full refurbishment and modernisation to suit landlords and property investors

A one/two bedroom ground floor flat now requires full refurbishment and modernisation. The flat will appeal to landlords and property investors and the projected rental income once works complete is IRO £400pcm / £4800pcm. We believe the flat has double glazing and gas central heating but at the time of instruction no inspection could be made and none of the services have been tested.

Listed By

Blundells Property Auctions
Head Office
2 Cotton Street
Liverpool
L3 7DY

t. 0114 254 1185
auctions@countrywide.co.uk

Full Description

Location

The flat is situated in the heart of Gateshead with close proximity to a host of local amenities and shopping facilities, within walking distance to Saltwell Park and there are a number transport routes to Gateshead and Newcastle. The property is on Eastbourne Avenue in Gateshead at the top near Whitehall Road a short distance from Coatsworth Road with all its array of eateries as well as shops and community facilities. There is a library and leisure centre and a range of local schools nearby.

Ground Floor

Entrance hallway, bedroom one, two steps lead down to the lounge, off which is the occasional second bedroom/office. The lounge also leads onto bathroom/W.C. and the kitchen from which there is a side door leading onto the shared yard at the rear.

Outside

On street parking and shared yard to rear.

Tenure

Leasehold
999 years from 18 April 1986 – see legal pack for further information

EPC

Energy Efficiency Rating D

Auction Valuer

Lucy Crapper ANAVA

Viewing

Strictly by appointment only and for all auction enquiries please call the auction team on 0114 2541185

Any viewers of this property are strongly advised to take extra care due to its landscape. Suitable footwear is required and no children permitted. Blundells Auctions, Our joint agent / Estate Agents and their clients take no responsibility for any accidents losses or injuries incurred whilst visiting the site.

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Photos
Map

62 Eastbourne Avenue, Gateshead, Tyne And Wear

Arrange a Viewing / Enquire

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Countrywide Property Auctions

Head Office
2 Cotton Street
Liverpool
L3 7DY

Tel: 0114 254 1185

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* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyer's Fee

A successful purchaser will also be required to pay a Buyer's Administration charge of £950+VAT (£1140 including VAT @ 20%) (unless stated otherwise within the property description in the catalogue) by cheque made payable to Countrywide.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).