About this property

Addendum To Printed Catalogue

Guide price reduced to £100,000+
A 14 day completion applies to this lot.


A modern two double bedroom upper floor apartment with a balcony and parking overlooking the Quayside set on the ever popular Hanover Mill development

A two double bedroom upper floor apartment with a balcony looking over the Quayside and river views. The apartment has allocated parking space, electric heating, double glazing and fitted appliances to the kitchen. Ideal opportunity for Buy to Let investor landlord or owner occupier. Projected rental income if let £825PCM £9900PA. Viewing is advised.

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 apartment is situated in the popular Quayside area which is within close proximity to the City Centre, University, college and hospitals. There are a range of local shops, bars and restaurants to appeal to the buyer along with excellent road and bus routes, within a mile of the local metro station and easy access to the A1 motorway network.

Ground Floor

Communal entrance, access to upper floors and intercom system.

Accommodation

Hallway with store cupboard, two double bedrooms, family bathroom with bath and shower and an open lounge/kitchen area leading out onto a balcony with views over the Quayside.

Outside

The apartment comes with allocated parking and permits at Forth Banks Tower

Tenure

Leasehold

Lease Term 125 years
Lease Start Date 27/11/2006
Remaining Term 113.00 years (if less than 70 years appropriate enquiries will be made)
The ground rent is £330.34 per annum and the service charge is £1560.17 per annum.

EPC

Energy Efficiency Rating C

Auction Valuer

Lucy Crapper ANAVA

Viewing

Strictly by appointment with joint agent Bridgfords Newcastle 0191 462 0068
For any other auction enquiries please call the auction team on 0114 2541185

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

Apartment 74, Hanover Mill, Hanover Street, Newcastle Upon Tyne

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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).

Blundells Property Auctions

Blundells Property Auctions is a trading name of Countrywide Estate Agents.

Head Office

2 Cotton Street
Liverpool
L3 7DY

Tel: 0114 254 1185
Email: auctions@countrywide.co.uk