FOR SALE BY ONLINE AUCTION ENDING 17TH OCTOBER 2025 AT 12PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
A fantastic opportunity to acquire this two bedroom ground floor flat, ideally located in Walker within easy reach of a wide range of local shops, schools, and amenities. The property also benefits from excellent transport links into Newcastle City Centre and beyond, making it a convenient choice for commuters.
The accommodation is well-proportioned throughout and briefly comprises: a welcoming entrance hallway leading into a bright and spacious lounge, a fitted kitchen, two good sized bedrooms, and a bathroom/w.c. Externally, the flat boasts a garden with decking, offering a superb outdoor space perfect for relaxing, entertaining, or family use.
Whilst the property would benefit from updating, it provides an exciting opportunity for buyers to add their own style and create a home tailored to their taste. This also makes it an appealing investment prospect, with the potential to add significant value.
Ideal for professional sharers, a couple seeking their first home, or a young family, this property combines generous accommodation with excellent potential in a highly accessible location.
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Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes.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.
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.