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Guide price

£30,000

1 bed flat for sale
St. Georges Way, Eldon Square, Newcastle Upon Tyne NE1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Auction

Pattinson - West Road

Logo of Pattinson - West Road

About this property

  • Investment property

  • Student accomidation

  • Tenanted at 175pw

Summary

**please note! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

To be sold via online auction until: 26/09/2024 at 13:00pm. Fees apply.

Pattinson welcome to the market this first floor studio in this five story city centre student development. It offers a communal gym, entertainment lounge, laundry room, communal courtyard, lift/ stair access and secure bike storage. It is ideally located for students right in the centre of Newcastle with many amenities all around, including bars, clubs and restaurants. As well as Newcastle Central Station and University's being close by.

The studio briefly comprises a double bed, study area, kitchen, En-suite bathroom, TV and a storage cupboard.

This property is currently tenanted on a 12 month contract, the tenant currently 175Per Week.

Call washington today to not miss out. Council Tax Band: A
Tenure: Leasehold

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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Property descriptions and related information displayed on this page are marketing materials provided by - Pattinson - West Road. 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 Pattinson - West Road for full details and further information.