St. Johns Green, North Shields

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £35,000. Auction is due to end on the 6 June 2024 at 12:00 BST.

Trading Places are delighted to bring to the market this spacious two bedroom, maisonette situated in a quiet residential area of St Johns Green with great access to the Royal Quays Shopping Centre. Located close to a metro station providing transport links to the coast and the city centre with nearby local amenities.

Comprising of a secure entry system, a communal entrance hallway to the staircase leading to this property on the third floor. Entering through the front door opens into a hallway with security intercom system and storage cupboard, leading to the kitchen and spacious lounge. The kitchen is fitted with an integrated oven and hob and has space for a washing machine, gas central heating and a double glazed window. Moving into the lounge you are greeted with lots of natural light coming through the Juliette balcony and further double glazed window, laminate flooring throughout the entry level and an open plan living room gives access to the staircase leading to the family bathroom and two double-bedrooms. The family bathroom is fitted with a white, 3 piece suite, including an electric shower over the bath and lino flooring. The remainder of the upstairs is carpeted throughout, the double master bedroom provides built in wardrobes and gas central heating. The second double bedroom similarly comes with gas central heating and a secure door provides access to the communal hallway.

The lovely property would be ideal for a first time buyer or as an investment; the previous tenancy achieved a yield of £575 pcm.

Contact Trading Places on to arrange your appointment to view.

Lease Details - Lease: 59 years left
Service charge: £1,428 per annum
Ground rent: £10 per annum

Auctioneers Additional Comments - Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.