Marconi House, Melbourne Street , NE1 2JS

About this property

**** PRE-RECORDED VIDEO TOUR NOW AVAILABLE ** Property for sale through the modern method of auction. Located in the heart of Newcastle's bustling centre is this apartment in the ever popular development of Marconi House. With easy access down to the Quayside and all local amenities, the apartment is ideal for first time buyers working in the City. The accommodation provides; open plan living room/kitchen, bedroom and bathroom. Offered with no onward chain. This apartment is currently tenanted until March 2020 at a rental income of £625 PCM. Energy Efficiency Rating C.

Entrance Hall
Spot lighting, wooden flooring.

Storage Cupboard
Plumbing for washing machine, hot water tank

Living Room
Two double glazed juliet balcony doors, spot lighting, two wall mounted electric heaters, telephone entry system, television aerial point, telephone point.

Kitchen
Wall and base units incorporating round stainless steel sink with mixer taps, electric oven and hob with extractor fan above, integrated fridge and freezer, dishwasher, wooden benches, wooden splashback, spot lighting.

Bedroom One
One double glazed window, wall mounted electric heater.

Bathroom
Part tiled walls, W.C, wash hand basin with mixer taps, bath with shower over, electric towel rail radiator, spot lighting, electric shaver point.

Leasehold Information
The current remaining term on the lease is approximately 111 years. The annual service charge is approximately £974 and a ground rent of £175 per annum. Please be advised that we have not inspected the headlease.

Auctioneer Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price
including VAT, subject to a minimum of £6,000.00 including VAT. This 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 complete an identification process with
iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so
you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this
pack. The buyer will also make payment of £220.00 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services
are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed
reserve price that can change.
Floorplan