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2 bedroom apartment for sale

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2 bedroom apartment for sale

Well Lane, Gateshead, NE9
£90,000

Our Summary

  • FOR SALE BY ONLINE AUCTION ENDING 27TH NOVEMBER 2025 AT 12:00PM
  • THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS
  • This property is being sold subject to unconditional auction terms and conditions
  • For further information please contact our auction department on or email
  • ONLINE AUCTION NOTICE
  • Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes
  • My bid may be accepted by the seller at any time before the close of the auction
  • I have read and understood the terms of the auction and my bid is placed accordingly
  • If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online
  • The auction will continue to run if there is a bid within 5 minutes of the closing time
  • If there is another bid within 5 minutes of the last bid, the auction countdown timer will be restarted for another 5 minutes to allow further bidding

Description

This stylish apartment is being sold through online auction and is available to view now. The property boasts an open-plan lounge/kitchen with a Juliet-style balcony and far-reaching views, as well as two good-sized bedrooms with fitted wardrobes and a modern bathroom. The apartment also comes with allocated parking and is situated in a popular location with easy access to shops, bars, and restaurants. The property is being sold with no onward chain and is ideal for first-time buyers, those looking to downsize, or investors. The net yield is approximately 7.3% and the property is being sold subject to unconditional auction terms and conditions. The auction will end on November 27th, 2025, at 12:00 pm, and buyers will need to pay a non-refundable purchase premium of 2.4% inc VAT, as well as a deposit of 5% (subject to a minimum of £3,000). A legal pack is available for the property, and all potential bidders are advised to thoroughly read through it prior to bidding.