88 ROTHBURY TERRACE

An updated 2 bedroomed first floor flat, conveniently situated on the corner of Rothbury Terrace and Chillingham Road in the sought after suburb of Heaton. This property offers a great opportunity for a loft conversion. It also benefits from gas fired central heating and sealed unit double glazing, this property has been improved to provide spacious accommodation to include new carpets and decor. The Entrance Hall has stairs leading to the open plan 20' Lounge/Dining Room, which in turn leads to the Kitchen, fitted with a range of contrasting wall and base units, sink unit, split level oven and 4 ring gas hob with half tiled walls. Bedroom 1 is to the side and has a corniced ceiling. Bedroom 2 is to the front. The Bathroom/WC has been refurbished with a wc with a concealed cistern, wash basin with storage under, panelled bath with rainhead and hand held showers over, screen and fully panelled walls and chrome towel warmer. Externally, there is a concreted Front Garden area.

Ideal as a first purchase or investment, this property is ideally located for shops, pubs, restaurants, schools and Heaton Park as well as Chillingham Road Metro Station and other road and public transport links into the city and other parts of Tyneside.

Entrance Hall -

Open Plan Lounge/Diner - 6.25m x 4.32m (+ recess) (20'6 x 14'2 (+ recess)) -

Kitchen - 4.37m x 1.96m (14'4 x 6'5) -

Bedroom 1 - 3.76m x 3.20m (12'4 x 10'6) -

Bedroom 2 - 4.62m x 2.13m (15'2 x 7'0) -

Bathroom/Wc - 2.64m x 1.83m (8'8 x 6'0) -

Auctioneer 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 Limited.

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 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.