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Lot 7 - 22-24 & 26-28 Whickham View, Newcastle upon Tyne, Tyne and Wear, NE15 6SY

Guide Price* £40,000

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Property Type
Block of Apartments
Tenure
Freehold
Type
Residential
Bedrooms
2
Bidder Security Deposit
£3,500*

Property Summary

  • On the instructions of the Joint Fixed Charge Receivers
  • Freehold two-storey detached building arranged as four self-contained flats
  • 4 flats x 2 bedrooms, reception room, kitchen, bathroom/wc
  • Three flats vacant, one flat occupied
  • Part vacant

Freehold two floor detached building arranged as four self-contained flats; (Three flats vacant, one flat occupied) - Part Vacant.

Description

Two floor detached property arranged as four self-contained flats over ground and first floors, with a garden to the rear.

Location

The property is situated on Whickham View between the junctions of Balfour Road and Ferguson’s Lane and opposite the junction with Muswell Hill. Public transport includes Metrocentre and Newcastle railway (Northern network) stations Shopping and recreation amenities can be found locally.

Tenancy Schedule

Address Accommodation Tenancy
No. 22 Two bedrooms, reception room, kitchen, bathroom/wc Occupied under unknown terms
No. 24 Two bedrooms, reception room, kitchen, bathroom/wc VACANT
No. 26 Two bedrooms, reception room, kitchen, bathroom/wc VACANT
No. 28 Two bedrooms, reception room, kitchen, bathroom/wc VACANT
Outside: Rear gardens

Note

We understand that number 22 is occupied under unknown terms. The purchaser will be responsible to regularise any tenancies or occupancies that may exist at the property upon completion. Please refer to the legal pack for further information.

Local Authority – Newcastle City Council – www.newcastle.gov.uk

EPC Rating

To be Advised

Council Tax Band

A

VAT

VAT is not applicable on this lot.

Disclaimer*

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide Price.

The Guide Price for the Lot does not include the Buyers Administration Fee of £1,500 (inclusive of VAT). In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, SW Property Auctions must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (partial deposit payment) and the buyers administration fee of £1,500 (inc. VAT).

Please note that Lots may be sold or withdrawn prior to auction.

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All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of SW Property Auctions or the seller.

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