2 bed terraced house to buy in NE25
Lovaine Avenue, Whitley Bay, Tyne and Wear, NE25 8RW
Online auction
- Popular residential location in Whitley Bay
- Rear garden / generous outdoor space
- Early viewing recommended due to expected demand
- Two bedroom mid terrace
2 bed terraced house to buy in NE25
TO BE SOLD VIA ONLINE AUCTION - FEES APPLIED
This two-bedroom terraced home presents an excellent opportunity for buyers seeking a property with scope to modernise and add value. Offering a blend of traditional features and generous living space, the property is ideally suited to investors, developers, or those looking to create a home to their own specification.
The accommodation comprises a welcoming entrance hallway leading to two well-proportioned reception rooms, providing flexible living and dining space. The kitchen is located to the rear and, while functional, would benefit from updating, offering clear potential for improvement.
To the first floor, there are two good-sized bedrooms, both enjoying plenty of natural light, along with a family bathroom fitted with standard fixtures, also requiring modernisation.
Externally, the property benefits from a rear garden along with a substantial additional section of garden beyond, effectively creating a double garden plot. This generous outdoor space offers significant potential for landscaping, extension (subject to relevant permissions), or simply creating a larger private garden area.
Situated in the highly sought-after area of Whitley Bay, the property benefits from close proximity to local amenities, well-regarded schools, and excellent transport links. The coastline, beach, and promenade are also within easy reach, adding to the property’s long-term appeal.
Auctioneers Note:
This property is offered for sale via auction and is in need of updating throughout, making it an ideal project with strong resale or rental potential.
Early interest is anticipated – please enquire for further details.
Summary
- Property Type: Terraced House
- Bedrooms: 2
- Receptions: 2
- Tenure: Freehold
- Heating: Gas
- Parking: On Street
- USPs: Has Garden, Requires Updating, Chain Free
Lounge
3.60m x 3.80m (11'9" x 12'5")
Kitchen
4.50m x 2.30m (14'9" x 7'6")
Conservatory
2.30m x 1.80m (7'6" x 5'10")
Bedroom 1
3.60m x 3.60m (11'9" x 11'9")
Bedroom 2
2.50m x 2.70m (8'2" x 8'10")
Bathroom
1.80m x 1.80m (5'10" x 5'10")
Floor Plan
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
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.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
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.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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