7A St. Thomas Terrace, Newcastle upon Tyne, Tyne and Wear, NE1 4LQ
- Unconditional Online Auction Sale
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
Description
FOR SALE BY ONLINE AUCTION ENDING 30TH MAY 2025. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
A unique and spacious two-bedroom maisonette set across four levels, offering versatile living in the heart of Newcastle city centre. Properties like this are rarely available and offer fantastic potential for both homeowners and investors alike.
Upon entry, you're welcomed into a communal hallway leading down to the basement level, which provides excellent storage space and access to a private courtyard – perfect for relaxing or outdoor entertaining. The kitchen, located on the third level, is bright and well-equipped with sleek white units, an integrated oven and hob, and fantastic lighting. There's also ample storage and a new boiler installed on August 1st, 2024.
Moving up, the lounge/diner is a standout feature of the home. With three large windows, natural light fills the space, highlighting charming details like decorative coving and a chandelier. It’s ideal for both everyday living and entertaining guests.
On the top floor, you’ll find two well-proportioned bedrooms. The master bedroom is generously sized with views over the private courtyard and excellent built-in storage. The second bedroom features a Velux window, adding to the bright and airy feel. The bathroom is impressive in size and includes a separate bath, stylish shower, WC, and additional storage.
This home offers rare, spacious living in the city centre, blending character with practicality.
Please note: This property is available to cash buyers only. A must-see – contact us now to arrange your viewing!
This property is being sold subject to unconditional auction terms and conditions.
Timescales
Immediate exchange of contracts. Completion must take place within 28 days.
Buyer Fees
This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT subject to a minimum of £3.000 including VAT. This does not form part of the purchase price.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Legal Pack
A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.
More Information
For further information please contact our auction department on 0191 487 0011 or email auctions@sarahmains.com
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
The auction will continue to run if there is a bid within 5 minutes of the closing time. After 5 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 5 minutes of the last bid, the auction countdown timer will be restarted for another 5 minutes to allow further bidding. This system makes it fairer for all parties involved and prevents last second bidding.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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