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Conditional Auction option 2

Online bidding will be opening 29 05 2025 at 9 00.

Disclaimer One

This property is to be sold via conditional auction option 2 . The successful buyer will need to pay a non refundable deposit of £3,000.00, this deposit will form part of the purchase price of the property. After the deposit has been taken the buyer will then have 28 days to exchange contracts. After the exchange of contracts this purchase must complete no later than 14 days from this date.

Disclaimer Two

Every auction property comes with a guide price and a reserve price. The guide price sets the starting point for bidding, while the reserve price represents the minimum price that the seller is willing to accept at auction. The auctioneer is not allowed to sell the property below this reserve price. The reserve price is not revealed to the public and is kept confidential between the seller and the auctioneer. It may be up to 10% higher than the guide price.

Please note that both the guide price and the reserve price are subject to potential changes leading up to and including the day of the auction.

Disclaimer Three

At your request we can refer you to a Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Reservation Fee

This property is sold subject to a non refundable reservation fee of £2,400.00 inc VAT £2,000.00 plus VAT The reservation fee does not form part of the purchase price.

Legal Pack

A legal pack will be available to download before the auctions end date. We strongly recommend all buyers to familiarise themselves with the legal pack prior to bidding.

Registration

To register to bid for this property please copy the link below into your browser.
northwoodauctionne.com

Introducing Normount Road a spacious two bedroom terraced home located on the outskirts of Newcastle city centre. This property is being sold with a sitting tenant, making it an excellent addition to any investment portfolio, the current tenant is paying £525pcm. While some updates are needed to maximise its potential return, the current tenant has been in residence for many years, offering a stable rental income.

As you ascend to the first floor, you ll find the family bathroom straight ahead, featuring a three piece suite with a shower over the bath. The principal bedroom, which spans the full width of the front of the property, is a spacious room with plenty of room for all essential furniture and two windows that fill the space with natural light. This room has the potential to be divided into two separate rooms, perfect for accommodating larger families. Bedroom two, located at the rear, is another generous double bedroom.

At the rear, you ll find a yard that offers the potential for off street parking. To the front, parking is available on the street.

Tenure Freehold

Council Tax Band A Newcastle £1,607.73

EPC Rating D

Material Information Built of standard construction.

Situated to the west of Newcastle upon Tyne and is popular because of the local community, it s proximity to Newcastle city centre & the local amenities on the doorstep. On the West Road there are local shops including a convenience store, a post office, hairdressers, take aways, sandwich bars and nearby there is a Morrisons supermarket and petrol station. On Fenham Hall Drive there is the Fenham Hall Medical Group, Fenham swimming pool, Fenham library and road access to Newcastle City Centre and beyond. Newcastle International Airport is within 6 miles and for golfing enthusiasts, Newcastle United Golf Course is 1 mile away. Road access in the area is particularly good, offering links to the A1 North and South to Kingston Park Retail, INTU Metro Centre & Team Valley. The local bus service offers good connections locally and to the city centre. Nearby schools include Sacred Heart RC Primary, Stocksfield Avenue Primary, Sacred Heart Catholic High & St Cuthberts High.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.