Flat for sale in Pilgrim Street, Newcastle Upon Tyne NE1

Summary

To be sold via auction (30/04/2024 11:00) fees apply

Appealing to buy to let investors is this two bedroom sixth floor apartment which is currently tenanted at 1100 pcm until 1st October 2024 and is located within this prestigious development within the city centre.

Secure communal entrance with door intercom, the apartment includes entrance hallway, open plan living/dining area and kitchen with a good range of wall and base units incorporating a built in electric oven, hob with extractor hood over, integrated fridge freezer, washing machine and dishwasher, two double bedrooms one with en-suite and a bathroom/W.C.

Ideally located within walking distance of Newcastle Quayside with trendy bars and restaurants, Baltic Centre for contemporary art, great transport links and local amenities

There is an annual service charge of 1911.21 the ground rent is 200 per annum

Leasehold 125 years from 24/6/2002 this should be confirmed by a solicitor

Virtual tour available at link below:

Please contact the Heaton Branch on or email for further information and viewings.

Council Tax Band: C
Tenure: Leasehold
Length Of Lease: 105
Annual Ground Rent Amount: 200.00
Annual Service Charge Amount: 1,911.00

Lounge/Kitchen (8.01m x 3.21m)

Open plan lounge/kitchen/diner with a good range of wall and base units, built in electric hob and oven, stainless steel extractor hood, stainless steel splashback, integrated fridge freezer, integrated washing machine, integrated dishwasher, stainless steel sink with mixer tap, large double glazed window with views overlooking the city and electric panel heater.

Bedroom One (3.93m x 3.05m)

Large Double glazed window with easterly views, built in wardrobes with sliding doors and en-suite.

En-Suite

Shower cubicle with glass screen, hand wash basin built into vanity unit, low level WC built into vanity unit and tiled floor.

Bedroom Two

Large double glazed window offering easterly views and electric panel heater.

Bathroom (2.29m x 2.01m)

White three piece bath suite comprising; bath with shower over and glass screen, hand wash basin built into vanity, low level WC built into vanity tiled walls and floors and stainless steel towel rail.

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'.

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

This auction lot is being sold either by, 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 Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

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 submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). 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 it necessary or beneficial to the customer to pass your 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.