Guide price
£45,000
1 bed flat for saleMollyfair Close, Ryton NE40
1 bed
1 bath
1 reception
EPC Rating: D
About this property
Ground floor apartment
Lovely rear position
Good sized garden
Beautifully presented
No upper chian
Immaculate
Ideal first time buy or for investors
Lovely location
For sale via modern method of auction
Discover this beautifully presented ground floor apartment, perfectly situated in a lovely rear position, offering a desirable living experience. This immaculate property is an ideal opportunity for those seeking a first home or a promising investment.
Step inside to find a welcoming and bright reception room with two windows over looking your garden, providing a small but comfortable space for relaxation and entertaining. The apartment features one single bedroom, offering a peaceful retreat, and a modern bathroom with a shower cubicle as well as a separate modern kitchen with integrated oven and ceramic hob as well as including slot in fridge freezer and a washer dryer. The bathroom and kitchen was only installed approximately 3 years ago. Offering a ready to move into apartment ideal for single people.
One of the standout features of this home is the good-sized private garden, presenting a wonderful outdoor space for enjoyment and gardening. Additionally, the property benefits from off-street parking, adding to its practicality.
Located in a lovely area, this apartment offers easy access to local amenities and transport links. With no upper chain, this property is ready for its new owner to move straight in and enjoy.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Services Mains electricity, mains drainage and mains water are connected. Gas central heating.
Tenure Leasehold - 120 years from 1/1/1981 = 75 years remaining, with potential to extend. Ground Rent is £37 twice per annum.
Council tax band: A
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referral fees In accordance with the Estate Agents’ (Provision of Information) Regulations 1991 and the Consumer Protection from Unfair Trading Regulations 2008, we are obliged to inform you that this Company may offer the following services to sellers and purchasers from which we may earn a related referral fee from on completion, in particular the referral of: Conveyancing where typically we can receive an average fee of £100.00 plus VAT. Surveying services we can typically receive an average fee of £100.00 plus VAT. Mortgages and related products our average share of a commission from a broker is typically an average fee of £150.00 plus VAT, however this amount can be proportionally clawed back by the lender should the mortgage and/or related product(s) be cancelled early. Removal Services we can typically receive an average fee of £60 plus of VAT.
Making an offer Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
Agents note Whilst we endeavour to make our particulars accurate and reliable, they should not be relied on as a statement or representations of fact, and do not constitute any part of an offer or contract. The owner does not make or give, nor do we or our employees have authority to make or give any representation or warranty in relation to the property. We have not checked or tested any appliances mentioned (including heating systems or electrical fittings) therefore working order cannot be confirmed. All measurements are given to the nearest 5cm.
Mortgage calculator
£225 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (75 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review



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