2 Bedroom Semi-Detached Bungalow, 46 Ivy Road, Forest Hall, Newcastle Upon Tyne, NE12 9AP

Overview

Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free 2 bedroom semi-detached bungalow on a popular residential street in Forest Hall.

The accommodation briefly comprises: To the ground floor there is an entrance hall leading to a living room, kitchen and bedroom. On the first floor there is a bedroom with built in storage and a bathroom.

The property is positioned on a well sized corner plot and offers a pleasant garden to the front and side and a triangular shaped yard to the rear. There is also a driveway and garage providing off street parking.

The property requires some enhancement throughout and could benefit from reconfiguration / extension (subject to gaining the necessary planning and consents) and presents a good opportunity for those looking for a modernisation project.

The property was owned by a radio amateur and some of the equipment remains at the property. He was hoping that the property may be sold to a radio amateur and that they would make use of the equipment that he says he fought to keep at his home. Whilst there is no requirement that the buyer be a radio amateur nor any obligation for the buyer to use/keep the equipment we felt it right to present the desires of the deceased owner. The equipment is part of the property being sold and won’t be removed prior to completion.

To view this property please visit the Hammer Price Homes website, register as a buyer and book in for an open day.

Location

Ivy Road is conveniently placed within walking distance to a selection of local amenities including shops, eateries, supermarkets and a number of primary and high schools. The City of Newcastle is around a 10 minutes’ drive from here, offering easy access to the wide range of amenities that you can expect from a bustling City Centre.

Auction Details

** Open to mortgage buyers also. 90 Days to complete and no deposit payable**

Please note that there is a Reservation fee (2.4% Inc. VAT subject to a minimum of £2,400 Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

To view the property you must register and book on one of the open days as detailed on the website. Please note: Entrance will be refused if you are not on the list so please make sure you book your place using the online system. Open days are being operated on a safe basis with a maximum of 2 bookings per time slot and attendees will asked to respect social distancing guidelines if in the property at the same time as another viewer.  Lists close 24 hours before the open day starts so book in plenty of time.

Auction ends – Thursday 23^rd July 2020 at 1pm

Bidding Window Opens – Tuesday 21^st July 2020 (Bidding will not be possible until this time)

Starting price – £59,500 (Reserve price is higher & unpublished. Typically the Starting price will be 15-20% below the Reserve figure as per our Buyer Terms)

Other Information

Tenure – Freehold

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed and the buyer honoured to pay it. Should the buyer withdraw then they may have to forfeit the reservation fee.

Please read the buyer terms and FAQ’s on the site for more details.

This is a probate property with vacant possession and is sold as seen. The administrator and solicitor may not be able to answer the usual pre-contract questions.

Business Continuity & Stakeholder Welfare– RE: Coronavirus (COVID-19)

Dear Members & Business Partners

Given recent developments around Covid-19, we wanted to keep you informed of the steps we are taking to support business continuity and the welfare of our members, partners and employees.

Our business is an online business and we have contingency plans in place whereby all or part of our staff can work from home, in line with Government guidelines, if needed. This will not have any adverse effect on our efficiency and ability to perform our duties. Open days will be tightly controlled and operated with safety in mind, allowing no more than 2 bookings per time slot so that social distancing guidelines can be adhered to.

We will continue to promptly divulge and act upon advice given by the Government and our regulatory body The Property Ombudsman (TPO).

If you have any queries or concerns with this regard then please call our business support team on 020 3814 1888

Thank you for your continued support during this period.