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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • Close To City Centre
  • For Sale By Auction
  • Gas Central Heating
  • Ground Floor
  • Yard

Listing view statistics

Last 30 days: 116 page views

Since listed: 116 page views

Description

Description

Located on Hampstead Road, Benwell is this two bedroom ground floor flat which is available chain free. The property is ideal for anyone to rental investment in the area. The property is located to the west end of Newcastle close to local shopping centre and amenities on West Road. To arrange a viewing, please call the auction team on This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer's solicitor, the buyer has 56 days in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts means interested parties can proceed with traditional residential finance. Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT - this is subject to a minimum of £6,000.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price. A non-refundable Buyer Information Pack fee of £200.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by iam Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase.Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification for this must be sought from your legal representative.The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded from the auction section of our website, or requested from our Auction Department.Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change.Terms and conditions apply to the Modern Method of Auction, which is operated by the Great North Property Auction powered by iam Sold.

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • MetroCentre 1.2 miles
  • Newcastle 1.5 miles
  • Canning Street Primary School 0.2 miles
  • Trinity Academy Newcastle 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • MetroCentre 1.2 miles
  • Newcastle 1.5 miles
  • Canning Street Primary School 0.2 miles
  • Trinity Academy Newcastle 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in NE4:

  • £90,696
  • Price decrease

  • -£832
  • (-0.909%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £75,955
  • Properties sold

    38

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in NE4 is currently:

£559 pcm

Recent sales nearby

See all recent sales in NE4
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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
8th Oct 2019 £45,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Fairs Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fairs Estates for full details and further information.