For Sale By Auction | 12:00, 20 May 2025 | Lot 32

Stothard Street, Jarrow, Tyne and Wear NE32 3AN

*Guide | £35,000 (plus fees)

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold.

Call the team on 0191 908 9691 for more information

Auction Date

Tue 20/05/2025

Auction Time

12:00

Auction Venue

Live Stream

SPACIOUS 2 BED FLAT IN JARROW! OPEN HOUSE VIEWING DATES: (no booking required) Friday 9th May, 10am - 10.30am Monday 19th May, 11am - 11.30am

Available at auction is this spacious two bedroom ground floor flat. This property presents an excellent opportunity for first time buyers and buy to let investors. Ideally positioned within walking distance of local amenities and schools, the flat benefits from excellent transport links, with Jarrow Bus and Metro Interchange providing direct connections to Newcastle City Centre, South Shields, and Sunderland. The property also offers easy access to major road links, including the A1, A19, and Tyne Tunnel, making it a convenient choice for commuters. The accommodation has an entrance hallway leading to a spacious master bedroom and a well proportioned second bedroom. The lounge provides a comfortable living space and leading into the kitchen. An inner hallway offers access to the bathroom. Externally, the property has a large private rear courtyard, which provides off street parking. 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

Leasehold.

Energy Efficiency Rating (EPC)

Current Rating C

Services

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

Local Authority

South Tyneside Metropolitan Borough Council

Solicitors

Asus Investments, First Floor, Ref: Asus Investments, Tel: 02039840409

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

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.