Guide price
£20,000
1 bed flat for saleNeville Court, Washington NE37
1 bed
1 bath
1 reception
EPC Rating: D
Reduced on
About this property
One double Bedroom
Upper Flat
Tenanted investment
Secure entry system
Potential rental income 475 per calendar month
Summary
One-Bedroom Apartment with Front & Rear Balconies - Vacant Possession
An excellent opportunity to acquire this well-positioned one-bedroom apartment at Neville Court, Washington. The property benefits from both front and rear balconies, providing valuable outdoor space and excellent natural light.
The accommodation offers a spacious living area, one double bedroom and a practical layout, making it an ideal choice for first-time buyers, investors or those seeking a low-maintenance home.
The property is offered vacant, providing the opportunity for immediate occupation or investment.
Early viewing is highly recommended
Ideally situated within close proximity to local schools, transport links, and amenities, the property is also just a short drive from Albany Park and The Galleries Shopping Centre.
Council Tax Band: A
Tenure: Leasehold
Length of Lease: 84
Annual Ground Rent Amount: 10.00
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. 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 to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders 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.
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 or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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 fee which could be up to 7,200 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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