Dene Road, Tynemouth - Guide price £470,000
3 Bedrooms | 1 Reception Room | 1 Bathroom
This property is for sale by the Modern Method of Auction starting price £470,000 plus reservation fee. Representing an excellent opportunity.
This detached house has been partially refurbished showing fantastic potential to buyers willing to complete the works to their own taste.
Briefly comprising: Entrance vestibule into a welcoming hallway with cupboard for storage. The living room has a bay window and fireplace with log burning stove. The open plan kitchen/diner/family room is a wonderfully spacious, light and airy room with double doors to the garden and a large bay window. The modern fitted kitchen has a lovely range of fitted wall and base units with quartz work tops. There is an island housing an induction hob, cupboards for storage and seating. Integral appliances include a double oven, extractor fan, microwave and fridge/freezer. There is a W.C. and access to the garage which has double doors to the garden.
To the first floor are three good size bedrooms and family bathroom. The beautifully presented bathroom is fully tiled with a jet spa bath and shower over, fitted vanity unit housing a hand basin, heated towel rail and W.C. There is loft access with a drop down ladder, the loft has six Velux windows showing potential for two further loft rooms with the relevant permissions.
Externally this property benefits from a garden which wraps around three sides of the house with a driveway and garage.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAM Sold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with IAM Sold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by IAM Sold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
All rooms have been measured with electronic laser and are approximate measurements only. To comply with the Business Protection from Misleading Marketing Regulations act of 2008, we clarify that none of the services to the above property have been tested by ourselves, and we cannot guarantee that the installations described in the details are in perfect working order. Brannen & Partners for themselves, the vendors or lessors, produce these brochures in good faith and are a guideline only. They do not constitute any part of a contract and are correct to the best of our knowledge at the time of going to press. Pictures may appear distorted due to enlargement and are not to be used to give an accurate reflection of size. All negotiations and payments are subject to contract.