Guide Price £80,000
Pinewood Gardens, Gateshead
Recently Sold
    2 bedroom semi-detached house for sale
     
    **Online Auction End Date - 14th September @ 2:00pm**
    ****Video Tour & Physical Viewings Available** For sale via the Modern Method of Auction Jan Mitchell Properties are pleased to offer for sale this two bedroom end of terrace home in Lobley Hill

    The property briefly comprises; Entrance hall, lounge, kitchen, utility room/outhouse, two double bedrooms, bathroom and a w/c. Set on a sizeable plot, with updating required the home would ideal for any first time developer or clients wanting to start off a new property portfolio.

    Starting Bid and Reserve Price
    *Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold.

    Auctioneer's Comments
    This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

    This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

    The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

    Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

    This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

    The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

    The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

    Referral Arrangements

    The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

    Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

    Energy Performance Certificate (EPCs)
    Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from 'A' to 'G'. An 'A' rating is the most efficient, while 'G' is the least efficient. The average efficiency grade to date is 'D'. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
    Reference: RS0309

    Arrange a Viewing

    To arrange a viewing for this property, please call us on 0191 432 4244, or complete the form below:

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