Lot 5 - 223 Baltic Quay, Mill Road, Gateshead, Tyne and Wear, NE8 3QW

  • Unconditional Online Auction Sale
  • Guide Price* : £125,000

Two bedroom eighth floor apartment within popular Baltic Quays development.

Description

The property comprises a two bedroom 8th floor apartment situated within the popular Baltic Quay development and benefits from allocated parking, a balcony and enjoys views of the River.

Location

The development is situated within the popular Baltic Quay area. The development is adjacent to the Baltic Centre for Contemporary Art and the international Sage concert Hall. The Millennium bridge gives pedestrian access to the Quays.

Tenure

Leasehold for a term of 250 years from 15th November 2001 at an initial ground rent of £150 per annum. The on-account SC billed for 2019 was at £1891.46 per annum.

Accommodation

Hall
Living Room 16'4" x 12'8" max
Kitchen 9'3" x 7'5"
Bedroom One 11'7" x 11'5" max
En Suite Shower Room/W.C
Bedroom Two 15'0" x 9'10" max
Bathroom/W.C

Outside

Allocated car parking.

EPC

EPC Asset Rating C

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1,500 (inc VAT) payable upon exchange of contracts.

Additional Information

1. Completion will take place 14 days from the date of exchange.

2. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions, references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact

Any dimensions stated may have come from a third party source (e.g. the seller, valuation reports or historic sales particulars) so whilst provided in good faith, they should not be relied on and interested parties should rely on their own enquiries

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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