27 Meadowbrook Drive, Gateshead, Tyne And Wear, NE10 8HF
- Conditional Online Auction Sale
- Bedrooms: 2
Purple Bricks on line auctions are delighted to offer this 2 bedroom detached bungalow
Tenure
LEASEHOLD
Description
The Property
Well positioned within a quiet cul de sac location is this well maintained two bedroom detached bungalow. The property is being offered with no further chain, enclosed gardens and garage making it sure to appeal.
The property comprises; entrance, spacious lounge, bathroom, two double bedrooms, kitchen, dining room and conservatory.
Within walking distance of local shops and amenities as well as bus routes. The property is also well placed for transport links giving easy access to Gateshead, Newcastle and Sunderland making it perfect for commuters.
Entrance Porch
Entrance door to porch, central heating radiator and double glazed windows.
Lounge
Feature fire surround with electric fire, central heating radiator and double glazed picture window.
Bedroom One
Central heating radiator and double glazed window.
Bedroom Two
Double glazed window and central heating radiator.
Bathroom
Panelled bath, low level w.c, pedestal hand wash basin, central heating radiator and double glazed window.
Kitchen
Fitted wall and base units with work top surfaces, sink unit with mixer tap and two double glazed windows.
Dining Room
Central heating radiator.
Conservatory
Double glazed windows, central heating radiator and French doors to the garden.
Garden
To the front of the property is an established garden with a paved patio, mature plants and shrubs.
To the rear of the property is an enclosed paved garden.
Garage
There is a single garage with electric power and an electric roller shutter door.
Property ownership information
Tenure: Leasehold
Council tax band: C
Annual ground rent: £12.00
Ground rent review period: No review period
Annual service charge: No service charge
Service charge review period: No review period
Lease end date: 30/04/2953
EPC Rating
CURRENT 67/82 POTENTIAL
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £4,628 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay the fee specified above towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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