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Excellent Freehold asset management opportunity
NE6 • full address hidden
£1,100,000 guide
Allsop · 19 Aug 2024
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3-Bedroom Bungalow in Newcastle
Guide Price
£148,978
Auction Date
12 Oct 2026
Source
Barnard Marcus
MIPFreeholdEPC: Dupcoming
Key Details
Bedrooms3
Bathrooms2
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Property Description
A bungalow property offered with vacant possession in Newcastle. This below-market opportunity is listed by the mortgagee and is sold as seen. Buyers should review the legal pack and arrange independent surveys before bidding.
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How to Buy at Auction
1. Review the legal pack before bidding
Ask a solicitor to review title, searches, special conditions and completion deadlines.
2. Arrange finance and a survey in advance
Auction purchases usually exchange immediately, so funding must be ready.
3. Understand guide vs reserve price
The reserve is the minimum accepted price and may differ from the published guide.
4. Register and bid on auction day
Complete identity checks early and confirm the auction house bidding process.