Lot 8 - Apartment 806 The Bar, St. James Gate, Newcastle upon Tyne, NE1 4BB

  • Unconditional Online Auction Sale
  • Guide Price* : £91,000 plus
  • Bedrooms: 2

A two bedroom apartment

Description

A spacious two bedroom eighth floor apartment situated in a modern style development to the south west of the city centre. Some upgrading and redecoration is required. We understand there is currently no valid EWS1 form, although we understand that the developer will be covering the cost of the necessary works, please refer to the legal pack.
Nearest station - Newcastle Central.

Other Information

Local Authority – Newcastle City Council
EPC Rating – B

Tenure

Leasehold

Viewings

Rook Matthews Sayer - 0191 281 6700

Lease Start Date

01/01/2004

Lease Duration

125 years (104 years unexpired)

Annual Ground Rent

£350

Accommodation

Eighth Floor
Reception room open to the kitchen, 2 bedrooms, bathroom

Additional Information

A contract administration charge of £1,500 (inclusive of Vat) is payable on exchange of contracts. Please note this fee is not part of the deposit or purchase price.

Please refer to the Special Conditions of Sale & General Conditions of Sale for details of any additional fees, costs or disbursements (if applicable), which will form part of the contract.

*Guide price definition

Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.

Reserve price definition

The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.

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Vendor

the asset managers -

Agreement Documents

Additional Documents

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