Preston Terrace, North Shields
5 bedroom terraced house
Auction Guide Price £225,000
Ref: 12029016
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Summary
An exciting auction opportunity. Fresh are delighted to welcome to the market this grand, five bedroom period property situated on Preston Terrace, a desirable street within Preston Village. The accommodation comprises; entrance lobby, entrance hall, lounge, dining room, kitchen, rear lobby and bathroom/WC. To the first floor there are three bedrooms. To the second floor there are an additional two bedrooms (windows have been tiled over). The property needs extensive refurbishment and would suit an investor looking to refurbish.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the “Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.