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2 bedroom flat for sale
Fern Avenue, Newcastle Upon Tyne
£95,000
Fern Avenue, Newcastle Upon Tyne
£95,000
Our Summary
- For Sale by Auction: Thursday 29th May, Option 2, Terms and Conditions apply
- The property is ideally suited for a first time buyer or investment opportunity and benefits from UPVC double glazing and gas fired ducted air heating
- Each auction property is offered at a guide price and is also subject to a reserve price
- The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell
- Both the guide price and the reserve price can be subject to change up to and including the day of the auction
- The successful buyer pays a £2000+VAT (total £2400) Auction Administration Fee
- Joint Agents: The Agents Property Auction Ltd
- Terms and conditions apply see website Property Auction
Description
This traditional 2-bedroom upper flat is available for sale by auction on May 29th, with no onward chain. Located in a convenient spot for local shops, amenities, and transportation links, it's an ideal opportunity for a first-time buyer or investor. The property features UPVC double glazing and gas-fired ducted air heating, and is sold with a 125-year leasehold, with a ground rent of £10 per annum and a service charge of £220 per annum. The guide price is undisclosed, but the reserve price may be up to 10% higher. The successful buyer will pay a £2,400 auction administration fee. The property has a D EPC rating and is in Council Tax Band A. It also has mains electricity, water, and sewerage, as well as gas heating and broadband connectivity. A mining search is recommended due to the region's mining heritage.