For Sale By Auction | 12:00, 12 February 2025

289-291 Albert Road, Jarrow, Tyne and Wear NE32 5JB

*Guide | £70,000 (plus fees)

  • End of Terrace House
  • Tenure: See Legal Pack

Call the team on 01772 772450 for more information

Auction Date

Wed 12/02/2025

Auction Time

12:00

Auction Venue

Online Auction

End Terrace Property Containing x2 Flats

NO VIEWINGS AVAILABLE – SOLD WITHOUT POSSESSION Auction House North West have not inspected the property but have been advised that this is an end terrace property containing two individual self-contained flats with their own private entrance. We have been advised that each of the flats consist of the following, but this has not been confirmed: 289 – Ground floor two-bedroom flat which consists of a living room, kitchen, two bedrooms and a bathroom. 291 – First floor three-bedroom flat consisting of a living room, kitchen, three bedrooms and a bathroom. Occupancy for both flats are unknown. Externally there is a front and rear garden which we presume both flats have shared access to, but this has not been confirmed. The property comprises two titles, the freehold to both flats and a lease of the ground floor flat (289). The leasehold is registered at the Land Registry with absolute title under Title Number TY174217. The Freehold comprising 289 & 291 is registered under title number TY57437. For more information relating to the titles, please refer to the legal pack. Title number: TY57437 (Freehold) & TY174217 (Leasehold) Length of Lease/Term: 99 years from 10 January 1986 Ground Rent: £25pa Service Charge: Please refer to the legal pack Council Tax Band: A Local Authority: South Tyneside Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

See Legal Pack

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

South Tyneside Metropolitan Borough Council

Solicitors

Equivo, Ref: Equivo

Offered in association with

Spicerhaart

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Administration Charge - No Fee Applicable

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.