Terraced house for sale in 3 & 5 Russell Street, Jarrow, Tyne And Wear NE32

For sale by Online Auction 06/05/2024 12:45

Description
Online Bidding Pre-registration is required via our website

Freehold, 2 Bedroom End-Teracced House, Currently Tenanted.

Ground floor - Self-contained flat - Let on a tenancy at a rent £450 per month.
First floor - Three Bedroom Self-contained flat - Let on a tenancy at a rent £550 per month

The property is situated on Russell Street accessed via Salem Street.
Shopping amenities are available locally within Jarrow Town Centre with a further range of shops, bars and restaurants found in Newcastle City Centre lying to the west. Public transport links are available at Heworth Rail Station located to the south west along with a network of local bus services serving the surrounding areas. The property is served by road links including the A184 Iving to the south and the A19 located to the west. Recreational pursuits can be found at Temple Memorial Park lying to the south.

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Administration Charge - £1400 inc payable on exchange of contracts.

*Disclaimer*
BP Auctions or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that BP Auctions are aware of will be published on the addendum, which is available within the lot information or on BP Auctions' website.

The property has not been inspected by BP Auctions. All information has been supplied by the vendor. The information provided should not be relied upon & the buyer/bidder is bidding on a sold-as-seen basis.

**Please note the property has excessive rent arrears the buyer is deemed to have sought legal advice before bidding. **

*Definition of Guide Price and Reserve*
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the auctioneer's expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

*Disbursements*
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.