Located on Stanhope Street in the popular area of Greenside, this two bedroom mid terrace property is offered to the market with a tenant in situ, making it an ideal investment opportunity. The ground floor briefly comprises of an entrance hallway, a spacious lounge, a fitted kitchen, and a bathroom. Upstairs, there are two generously sized double bedrooms. Externally, the property benefits from a small garden to the front and a private yard to the rear. Conveniently situated within walking distance of local amenities. It is essential that all parties complete their own due-diligence on any auction property, ensuring they read the full legal pack prior to bidding. On the day of the auction, you must be in a position to legally exchange contracts at the fall of the gavel. Payment of a 10% deposit (£5,000 min, unless stated otherwise within the legal pack) will be required, alongside any additional fees as outlined in the Special Conditions of Sale. The completion deadline can also be found within the legal pack. You must be registered to bid. Please note that previous purchases, interest or registration are not valid for a forthcoming auction. A pre-authorisation of £6,200 is required to bid within the auction. This is a temporary hold on funds within your bank account which will be released after the auction if you are not the successful bidder. Please note it can take up to 7-10 business days (sometimes longer) for the funds to be made available within your account, subject to your bank’s processes. For any questions or further assistance registering to bid, please contact us.

Tenure

Freehold

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Gateshead Metropolitan Borough Council

Solicitors

Stanton & Partners SSW Solicitors, 15 Beach Road, Ref: Stanton & Partners SSW Solicitors, Tel: 0191 427 0770

Offered in association with

Your Move Chris Stonock

Additional Fees

Administration Charge - £3600 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.