20 Oakfield Terrace, Gosforth, Newcastle upon Tyne, Tyne and Wear, NE3 4RQ
- Unconditional Online Auction Sale
- Bedrooms: 3
- Bathrooms: 1
- Reception Rooms: 1
Description
FOR SALE BY ONLINE AUCTION ENDING 3RD SEPTEMBER 2025 AT 12:00PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
Set within this ever popular location in the heart of Gosforth is this well-presented mid terraced bungalow, offering a rare opportunity for a variety of purchasers. Appealing to first time buyers, buy to let investors, or those looking to downsize without compromising on space, the property blends traditional features with modern comforts and holds significant potential for further improvement.
The accommodation, while requiring some refurbishment, is generously proportioned and thoughtfully laid out. Upon entering, you are welcomed into a hallway that leads through to a spacious lounge, featuring a traditional-style fireplace that adds warmth and character to the living space.
The kitchen is modern in design and fitted with a range of wall and base units, complemented by built in cooking appliances, ideal for those who enjoy spending time preparing meals or entertaining. The bathroom is fitted with a modern suite with a shower facility over the bath.
The bungalow benefits from three double bedrooms, each offering distinct character. The main bedroom boasts a charming bay window along with a traditional-style fireplace set into the chimney breast. The second double bedroom also features a traditional style fireplace and includes a convenient door that provides direct access to the rear garden, perfect for enjoying outdoor space in the warmer months. The third double bedroom continues the theme of traditional styling with yet another fireplace, providing a consistent and attractive aesthetic throughout the home.
Externally, the property enjoys a town style garden to the front, enhancing curb appeal. To the rear, an enclosed garden offers an outdoor area suitable for relaxing, entertaining, or gardening. A key feature of this property is the presence of two garages, one of which is attached to the house, offering excellent storage or workshop potential, as well as secure parking.
Ideally placed for access to the shops, cafes, and local amenities on Ashburton Road, the property is also ideally situated for transport links.
This is a fantastic opportunity to acquire a charming and spacious bungalow in a prime Gosforth location, with scope to further enhance and personalise. Early viewing is strongly recommended.
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.
Loading the bidding panel...
Agreement Documents
Legal Documents
Log in to view legal documentsRelated Documents
Virtual Tour
360 Virtual TourShare This Lot
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.