Cash Buyers Only

For sale by auction is this ground and basement maisonette, located in a former bank building, close to city centre amenities. The current owners have carried out renovations to the property. To the ground floor is an open plan entrance/lounge, kitchen, dining room/bedroom, further bedroom and bathroom. Stairs lead down to the lower floor level with accommodation comprising of landing, three bedrooms and two bathrooms.

The property benefits from double glazing where stated.

The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69.

Early viewing is recommended.

Council Tax Band: A
EPC Rating: C

PRIMARY SERVICES SUPPLY
Electricity: Mains
Water: Mains  
Sewerage:  Mains  
Heating:  Gas 
Broadband:  Fibre  
Mobile Signal Coverage Blackspot:  No 
Parking:  On Street Parking 

MINING 
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any. 

RESTRICTIONS AND RIGHTS
Listed? No
Conservation Area? No 
Restrictions on property? No
Easements, servitudes or wayleaves? No
Public rights of way through the property? No

RISKS
Flooding in last 5 years: No  
Risk of Flooding: Zone 1 
Any flood defences at the property: No
Coastal Erosion Risk: Low 
Known safety risks at property (asbestos etc…): No

BUILDING WORKS
Any known planning permissions or proposals in the immediate locality:  No 
Outstanding building works at the property:  No

ACCESSIBILITY
This property has no accessibility adaptations.

TENURE
It is understood that this property is leasehold. Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.

Length of Lease:   964 years remaining as at February 2025

Ground Rent:  £30 pa (the current owner has advised there are four ordinary shares which have been issued to the four owners, therefore the ground rent is not payable).

AUCTION DETAILS

For Sale by Auction: Thursday 11th December 2025
Bidding opens 24 hours prior at 10am.
Option 1
Terms and Conditions apply

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+VAT (total £2400) Auction Administration Fee. 

Joint Agents: The Agents Property Auction Ltd.  Tel 01661 831 360

Terms and conditions apply see website www. Agents Property Auction. Com