2 bed flat for sale

North West Side, Gateshead NE8

Reference: LB0920

Stylish Two-Bedroom Apartment with River Views – The Grainger

Being Sold by goto Online Auction
Starting Bids from £90,000

Buy it now option available

Set within The Grainger, this bright and welcoming two-bedroom apartment offers superb river views, modern open-plan living, and the added convenience of lift access and resident parking.
Purchased by the current owners from new in 2005, it’s been a successful investment property and is now offered for sale by modern auction with GoTo Auctions, with a guide price starting from £90,000.
This method of sale provides buyers with a straightforward and transparent process — ideal for both first-time buyers and investors.

The spacious open-plan kitchen, dining and living area is designed to maximise natural light, featuring large windows overlooking the river. The well-appointed kitchen includes integrated appliances and plenty of workspace, while the living area provides the perfect setting to relax or entertain.

The master bedroom enjoys river views, while the second bedroom is ideal for guests, a home office, or a nursery. The modern bathroom is fully tiled and includes a white three-piece suite with shower over bath.

Whether you’re looking for your first home, a city base, or a proven investment, this apartment is in ready-to-move-in condition and offered with no onward chain.

Lease details - term is 150 years from 31 December 2002.
Annual service charge approx: C£3300
EPC: C
Council Tax: B, Gateshead

Room Dimensions
Entrance Hall: 6'1" x 5'3" (1.85m x 1.6m)
Hall: 16'6" x 3'8" (5.03m x 1.12m)
Kitchen Diner / Lounge: 13'9" x 23'6" (4.2m x 7.16m)
Master Bedroom: 10'5" x 15'2" (3.18m x 4.62m)
Bedroom 2: 6'7" x 9'3" (2m x 2.82m)
Bathroom: 6'6" x 6'7" (1.98m x 2m)

Being Sold by goto Online Auction
Starting Bids from £90,000

Buy it now option available

Please call or visit Goto Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor or 10 working days after receipt of the buyer’s premium, whichever is earlier Allowing the additional time to exchange and complete on the property 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 with be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

10% in excess Please note this property is subject to an undisclosed Reserve Price which is typically no more than of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by goto Auctions.

To book a viewing visit Laura Jane exp.

General Information
Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.

Buyer Fees

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 Buyer’s Premium of 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £396.00 including VAT. This secures the transaction and takes the property off the market.

Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Specification
Material Information.
The information above has been provided by the vendor, agent and goto Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.