22 Moorfoot Gardens, Gateshead, Tyne And Wear, NE11 9LA
- Unconditional Online Auction Sale
- Guide Price* : £75,000
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
Description
FOR SALE BY ONLINE AUCTION ENDING 23RD NOVEMBER 2026 AT 12:00PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
Offered for sale with no onward chain, this well-presented two-bedroom apartment represents an excellent opportunity for a wide range of buyers. Whether you are a first-time buyer looking to take your first step onto the property ladder, an investor seeking a potentially attractive addition to a rental portfolio (the apartment was previously let at a yield of approx 8.5% per annum), or simply looking to downsize to a more manageable home, this property offers comfortable and practical accommodation in a convenient location.
The property is accessed via an entrance hallway, providing a welcoming introduction to the accommodation and offering access to the principal rooms. The spacious lounge provides a comfortable reception space with plenty of room for both seating and dining furniture. An attractive open archway leads through to the kitchen, creating a pleasant sense of openness between the living and cooking areas.
The fitted kitchen is equipped with a range of modern units and built-in cooking appliances, providing a practical and well-organised space for everyday use. In addition, the property benefits from a generously proportioned utility room, which provides useful additional storage and space for household appliances, helping to keep the main living areas clutter-free.
There are two well-sized double bedrooms, offering flexibility for a principal bedroom and guest accommodation, home office or additional living space if required. Completing the internal accommodation is the bathroom, fitted with a shower facility over the bath, WC and hand wash basin.
Externally, the development set within well-tended communal gardens, providing pleasant surroundings and an attractive setting for residents to enjoy.
The location is another key feature, offering convenient access to a range of local amenities and everyday facilities, while also being well placed for transport connections. Road links include access to the nearby A1, providing convenient commuter routes towards Newcastle and Durham City Centres, as well as destinations further afield.
With its spacious accommodation, modern kitchen, communal gardens, convenient transport links and no onward chain, this apartment is likely to appeal to a broad spectrum of purchasers. Early viewing is highly recommended to fully appreciate the accommodation and location on offer.
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.
Council Tax Band
A
* 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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