Harton Lane, South Shields, NE340PN

Starting Price* £85,000
Time Left 52d 21h 25m 00s

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  • Overview
  • Particulars
  • Request Details
  • Agent Details
  • Fees & Charges Explained

Property Overview

This attractive cottage style property has a lot to offer and would make a great first time buy or investment. Internally the property has two reception rooms a conservatory, kitchen, bathroom and two bedrooms. Externally there is a spacious low maintenance garden to the front with shrubs and hedges and a sunny yard to the rear which provides off street parking and space to relax. Located in a popular area near local shops and transport links.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

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 iamsold 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 iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

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.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Entrance With UPVC double glazed window, laminate wood flooring, coving to ceiling and radiator. Dining Room 15' 7'' x 12' 0'' (4.76m x 3.67m) With storage cupboard, laminate wood flooring, stairs to first floor landing and sliding doors to the lounge. Lounge 8' 11'' x 12' 4'' (2.71m x 3.76m) With UPVC double glazed window, coving to ceiling, ceiling rose, laminate wood flooring and feature fireplace. Kitchen 7' 4'' x 9' 4'' (2.23m x 2.85m) With a range of wall and floor units, hob, oven, stainless steel sink with mixer tap and drainer, splash back tiles, tiled floor, radiator and UPVC double glazed window. Rear Lobby With tiled floor and plumbing for washing machine. Bathroom White three piece suite with panelled bath, overhead shower, pedestal hand wash basin, low level WC, tiled walls, tiled floor, tiled floor, radiator and two UPVC double glazed windows. Conservatory 7' 3'' x 8' 4'' (2.20m x 2.53m) With tiled floor, radiator and UPVC door to rear. First Floor Landing With Velux window, storage cupboard and access to loft. Bedroom Two 8' 3'' x 8' 6'' (2.51m x 2.60m) With UPVC double glazed dormer window and two radiators. Master Bedroom 10' 7'' x 10' 2'' (3.22m x 3.09m) With two UPVC double glazed windows, storage cupboard and fitted wardrobes. External To the rear is a paved patio area, artificial grass, shed and remote control door. To the front is a paved path, gravelled yard and boarders with shrubs, trees and hedges.

Request full details for this property

Please complete the form below to receive full details about the property you are looking at.

Not in the UK?If you are not a resident of United Kingdom, please contact our Auction Team to discuss your options. All fields marked with an * are required. Please be advised that all calls made to and from iamsold are recorded. Calls are recorded for training and monitoring purposes and may also be used for complaint resolution. Calls are stored securely in accordance with General Data Protection Regulation requirements. Personal information submitted via the request details form will not be shared, rented or otherwise abused.

Chase Holmes

Local Branch: 73 Station Road, Hebburn, NE31 1LA
Head Office: 73 Station Road, Hebburn, NE31 1LA

Fees & Charges Explained

Harton Lane, South Shields, NE340PN

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.

Buyers Information Pack

If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £220.00 (including VAT) 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.

 

Need More Information?

For further information or to speak to one of our team, please call 0191 239 0802.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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