149 Hyde Park Street, Gateshead, Tyne And Wear, NE8 4QD

FOR SALE BY ONLINE AUCTION ENDING 22ND AUGUST 2025. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS. Offered to the market with no onward chain, this spacious three-bedroom first floor flat presents an exciting opportunity for those looking to put their own stamp on a home. Requiring updating and refurbishment, the property is ideally suited to first-time buyers seeking a project, or investors looking to add value and maximise rental potential. Situated within a popular and well-established residential location, the flat is conveniently positioned for access to a range of local amenities including shops, schools, and leisure facilities. Transport routes and services provide commuter links to the surrounding areas. The internal layout comprises a generous lounge featuring a chimney breast with a decorative fire surround, creating a focal point for the space. The fitted kitchen offers scope for modernisation, while the bathroom and three well-proportioned bedrooms provide flexible living accommodation to suit a range of needs. This is a fantastic opportunity to acquire a property with great potential in a sought-after area. Viewing is highly recommended to fully appreciate the potential 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 £3.000 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 £3,000) 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 [email protected] ONLINE AUCTION NOTICE I hereby acknowledge and confirm the following: Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes.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.