About this property

Addendum To Printed Catalogue

A 14 day completion applies to this lot.


A two bedroom ground floor flat, now requiring full refurbishment and updating throughout.

A two bedroom ground floor flat with double glazing and has gas mains connected but requires full refurbishment and updating throughout. The flat will suit local investor and property professionals and projected rental income after full refurbishment is iro £350pcm £4200pa.

Listed By

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

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

Full Description

Location

Jarrow is a town in north-east England, located on the River Tyne and historically part of County Durham. Jarrow town centre has a range of shops and facilities including a Morrisons Supermarket, there is also easy access to major road links, bus routes and the Tyne Tunnel.
There are a selection of local primary and secondary schools within the catchment area and a number of parks locally.

Ground Floor

Entrance lobby, lounge, kitchen with sink and basic units with door to the garden area, bathroom/W.C. and two bedrooms.

Outside

Externally there is a yard to rear

Tenure

Leasehold
Lease Information: Term 99 Years from 27th April 1989 - 69 Year remaining.
Annual ground rent £15.00 pa

EPC

Energy Efficiency Rating D

Auction Valuer

Lucy Crapper ANAVA

Viewing

For any auction enquiries or to view 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 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

4 Wellesley Street, Jarrow, Tyne And Wear

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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).