4 Renwick Road, BLYTH, Northumberland, NE24 2NX
- Conditional Online Auction Sale
- Bedrooms: 2
GOTO Group offer for sale this two bedroom end of terrace house in Blyth NE24.
Tenure
Freehold
Description
RARE RENOVATION OPPORTUNITY - Spacious, light and airy with 2 reception rooms, 2 double bedrooms, this property is built in red brick with dashed render to the upper part and a tiled roof. The property has been a successful rental property for a number of years and is ready for the new owners to put their own stamp on it. The rooms are all a generous size and boast period high ceilings providing the perfect blank canvas. All mains services are connected and there is full double glazing. The property is situated in a popular location with a low maintenance town garden to the frontage and OFF STREET PARKING in the rear yard via an up and over door. Renovation properties are rare to the current market and the property must be viewed to realise the potential that is on offer. Competitively priced to reflect the updating required. This property will appeal to a wide range of buyers, from the first time buyer to the property investor alike.
Blyth is a bustling active port town with a rich history and a keen sense of its own identity and still hosts regular market days. The area has gone through major development in recent years and the town centre has been transformed to provide excellent shopping facilities in the ‘Keel Row’ shopping centre, and the coastal area now benefits from many bars, restaurants and the fantastic beach area providing excellent access for dog walkers. More specific attractions in the area include a large leisure centre with pool and the Phoenix Theatre. There is also the popular area of South Beach, a beautiful stretch of golden sand, home to 20 brightly coloured beach huts, a children’s playground, a fish and chip shop and an ice cream parlour. Schools and their locations feature in many buyers’ lists so we are fortunate that we have a number of local schools in the vicinity accessible via the fantastic road network.
Looking at the property from the front we have a brick containing wall with a low maintenance town garden behind. There is timber gated access inviting us up to the front door. Entrance is via a uPVC front door which is partially glazed straight in to a lobby area with a Flemish glazed door through to the hallway. Off from here we have: a door straight ahead through to the dining room with the kitchen beyond, a door to the right through to the lounge off to the right and centrally the stairs up to the bedroom and bathroom accommodation. Firstly off to our right through to the lounge which is a fabulous sized, quirky shaped room with high ceilings and the added advantage of a large picture window out over the front elevation flooding the room with natural light. The room boasts a brick built fire surround with space for a fire insert and a decorative dado rail. Back to the hall and on to the dining room, where once again we have a super-sized room with oodles of space for a large suite of furniture and the added benefit of a very large under stair storage cupboard. Once again there is a decorative dado rail and feature fire, with pine surround, granite back and hearth and fire insert. From here we have a squared opening through to the kitchen. The kitchen runs the full width of the property and has a large window out over the rea elevation allowing in natural lighting and a part glazed uPVC door out to the back yard. We have plenty of wall and base units which have been painted and would require updating. There is: space for a fridge/freezer, washing machine and free standing cooker. There is a cream marble effect roll top laminate work surface and splashback tiling which has also been painted and a stainless steel sink with a mixer tap over. Out through the back door there is a generous yard area with an up and over garage door allowing for off street parking and timber gated egress out to the rear lane. This area clearly has the potential to provide an outdoor seating area/ patio garden should the purchaser seek to use it for such. Back through the hallway and up the stairs to the bedroom and bathroom accommodation. The walls of the stairway have recently been re-plastered. At the top of the stairs we have a split landing with a step up and off to the right through to the master bedroom. This is a generous sized room, with a substantive area having been sectioned off to create a wardrobe/dressing area, which is stud walling and could readily be remove to increase the size of the room. There is a large window out over the front elevation again allowing for plenty of natural lighting. Back across the split landing and up a further step to the family bathroom. Here we have another good sized room which has a sage green suite comprising of: a bath with electric shower over, a pedestal washbasin and WC. Behind the bath and sink is tiled to full height. The room benefits from a large airing cupboard which is also home to the Potterton boiler. The last room on this level is another double bedroom which has a window to the rear elevation and a large storage/wardrobe cupboard.
All in all we have a fabulous light, airy and spacious property which requires updating but provides a blank canvas for someone to create a home to their own specification. With off street parking to the rear this property will appeal to the first time buyer or buy to let investor alike. Situated in a great location with close proximity to all amenities, transport links and even the beach. Priced to sell and must be viewed to be appreciated the potential on offer.
EPC Rating
Current 70 / 85 Potential
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £6,582 including VAT, plus a buyer's administration charge of £372 including VAT, a total of £6,954. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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