2 Rokeby Street, Newcastle upon Tyne, Tyne and Wear, NE15 8RR
- Unconditional Online Auction Sale
- Bedrooms: 3
- Bathrooms: 1
Description
Offered to the market is this well-presented three-bedroom end-of-terrace property, ideally suited to families, first-time buyers, and investors alike. Benefiting from flexible and versatile living accommodation, the property offers far more space than its frontage may suggest.
On the ground floor, the property briefly comprises two generous reception rooms. The front reception room provides a comfortable and welcoming lounge space, whilst the second reception — a particularly versatile room — lends itself equally well as a formal dining room, home office, or, if required, a fourth bedroom, making this an ideal purchase for larger families or those needing additional space at home.
To the rear of the ground floor sits a modern, bright kitchen, fitted with contemporary units and offering a pleasant outlook over the yard. The private enclosed yard to the rear provides a low-maintenance outdoor space, perfect for those who enjoy the outdoors without the burden of a large garden.
To the first floor, the property offers three well-proportioned bedrooms, served by a family bathroom.
Externally, the property benefits from on-street parking directly to the front.
Of particular note to investors, this property has previously operated as a highly successful serviced accommodation unit, generating strong returns in what remains a buoyant short-let market. With its flexible layout, modern kitchen, and convenient location offering easy access to Newcastle city centre, the property is exceptionally well-placed to resume use as a serviced accommodation let, whether through platforms such as Airbnb or similar, and represents a genuine turnkey opportunity for those looking to enter or expand within this sector.
Situated in the popular residential area of Lemington, the property enjoys excellent transport links into Newcastle city centre, with a range of local amenities, schools, and green spaces close to hand.
This property is being sold subject to unconditional auction terms and conditions.
Timescales
Immediate exchange of contracts. Completion must take place within 28 days.
Buyer Fees
This property is sold subject to a non-refundable purchase premium of 2.4% inc. VAT subject to a minimum of £3,600 including VAT. This does not form part of the purchase price.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,600) which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Legal Pack
A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.
More Information
For further information please contact our auction department on 0191 487 0011 or email hello@auctionworks.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
The auction will continue to run if there is a bid within 5 minutes of the closing time. After 5 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 5 minutes of the last bid, the auction countdown timer will be restarted for another 5 minutes to allow further bidding. This system makes it fairer for all parties involved and prevents last second bidding.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice.
* 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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