Property description

NO BUYERS PREMIUM. NO BUYERS PREMIUM. For sale by auction Tuesday 14th December 2015 at the Newcastle Marriott Hotel, Gosforth Park Newcastle, NE3 5HN - Registration 5:30pm for 6.00pm start. Option 1.
A blank canvass for investors - we offer a two bedroom terrace house which is in need of full
refurbishment and modernisation. The property briefly comprises of entrance lobby, living room, kitchen, rear lobby and a bathroom to the ground floor, there are two bedrooms to the first floor and a yard to the rear of the property.

The auction administration fee on this lot is £1,500+ vat (£1,800).

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellersmin imum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.