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" *** For sale by Modern Method of Auction: Starting Bid Price ?65,000 plus Reservation Fee ***

Two bedroomed ground floor investment flat. Briefly comprising:- entrance hall, lounge, kitchen, bathroom WC, two bedrooms and a garage. The property is available with no upper chain and will make a great rental property. We would anticipate a potential rental income of circa ?400.00 per calendar month could be achieved. The flat is handy for the town centre and the Metro service. An early viewing is advisable.

This property is for sale by The Great North Property Auction Property Auction powered by iam-sold.

Lounge 5.18 x 3.33 (16'11' x 10'11') Kitchen 4.52 x 1.81 (14'9' x 5'11') Master Bedroom 3.33 x 3.47 (10'11' x 11'4') Bedroom Two 4.43 x 2.03 (14'6' x 6'7') Auctioneers Comments This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auctions a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, 56 days to allow both exchange, and completion. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% subject to a minimum of ?6000.00 (inc VAT) which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. 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 Modern Method of Auction, which is operated by The Great North Property Auction powered by iam-sold Ltd. "