Hanover Mill, Hanover Street
Newcastle Upon Tyne, NE1 3AB

About this property

** SUPERB ONE BEDROOM QUAYSIDE APARTMENT ** Located on the River Front in the converted part of Hanover Mill, this one bedroom apartment benefits from period features throughout and is offered with no onward chain. With easy access for the City and Quayside's amenities, it's an ideal location for a professional working in the City. Situated on the 3rd floor, the accommodation provides; entrance hall, open plan living and kitchen area with integrated appliances, double bedroom and bathroom. Please note there is an EWS1 form available for the building. Energy Efficiency Rating B. Auctioneer 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 Limited. 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 (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). 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 £300 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.

Entrance Hall
Storage cupboard housing hot water cylinder, entry phone system, wall mounted electric heater.

Open Plan Living/Kitchen

Living Area
Two arched period windows to front elevation, television aerial point, wall mounted electric heat.

Kitchen Area
Range of wall and base units with work surfaces incorporating; stainless steel sink unit with mixer tap, electric oven and hob with extractor fan above, space and plumbing for undercounter washing machine, part tiles walls.

Bedroom
Arched period window to front elevation, wall mounted electric heater.

Bathroom
Panelled bath with shower overhead, glass shower screen, WC, vanity wash hand basin, ceiling down lights, electric shaving point, tiled walls and flooring, extractor fan.

Leasehold Information
The current remaining term on the lease is approximately 110 years. The service charge is approximately £1429.31 per annum and there is an annual ground rent of £330.34. Please note we have not inspected the head lease.

There is a valid EWS1 form available for the building which can be provided to solicitor and mortgage lenders.