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66 and 68 George Road, Wallsend NE28 6BU

Lot no: 85 Sold at Auction for £150,000
 

Guide Price £140,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 31st January 2024

10.00am
Key Features
  • Seven bedroom terraced house
  • Close proximity to amenities
  • Close to City Centre
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Sold at Auction for £150,000

Town house

Property Description:

A seven bedroom and one bathroom mid-terrace property in Wallsend, Newcastle-Upon-Tyne.

A substantial, bay fronted property arranged over three floors and providing seven bedrooms located within walking distance of Wallsend Town centre and just over four miles from Newcastle-upon-Tyne city centre. The property offers a total floor area of 194 square metres comprising seven standard bedrooms with an eighth bedroom made from converting a former reception room. Alongside the seven bedrooms there is a dining room, kitchen, one bathroom and one shower room.

Location wise, the property is located within a residential area, close to all necessary amenities and services including shops, schools and transport links. Newcastle City Centre is close by and easily accessible, ideal for commuters.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. See legal pack.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.