The appeal of buying a property at auction is becoming increasingly apparent, with both buyers and sellers taking advantage of the simple and speedy service that auctions provide. With a wide range of properties available to suit all budgets and tastes, and the ability to buy in person, over the telephone or online, auctions give buyers a quick and transparent alternative to the traditional complicated process of buying a home.
Here are 5 of our favourite North East properties available at Pattinson Property Auction this month:
1. 2 bed apartment in Newminster Abbey House, Morpeth – £170,000
This 2 bed, ground floor apartment in the north wing of Newminster Abbey House is just a short distance from Morpeth’s busy town centre, with all the retail and leisure opportunities that the town has to offer.
The property, originally built in 1902, offers approximately 1,000 square feet of living space with two bedrooms, a kitchen/dining room, lounge and bathroom, and also comes with its own garage and off-street parking.
Situated in peaceful landscaped gardens, the recently refurbished home offers the perfectmix of country living with easy access to the nearby town, and is available with a starting bid of £170,000.
2. 5 bed detached house in Coxhoe, Durham – £160,000
Located just a few miles south of Durham in the lovely village of Coxhoe, this spacious 5 bed house could be the perfect family home.
Boasting 5 bedrooms, a study and a sauna, as well as a large rear garden and a double garage, this impressive home seems a bargain with a starting bid at auction of £160,000.
3. 3 bed detached house in Hexham, Northumberland – £125,000
If you’re looking for an idyllic country home, then this Grade II listed stone built property fits the bill.
The former village chapel overlooking Catton's village green offers a mix of modern renovation and original features, with 3 bedrooms, a kitchen/dining room and a front garden and separate single garage, all in the heart of the village.
Bidding starts at £125,000 for the chance to own this charming country property.
4. 2 storey commercial property in Monkseaton, Whitley Bay – £80,000
Just a mile from the busy retail area of Whitley Bay and with easy access via road or Metro to Newcastle city centre, this end of terrace property offers both ground floor commercial premises and first floor, currently occupied residential quarters.
Despite needing some updating, its desirable location makes this property’s commercial potential extremely attractive, with a starting bid of £80,000.
5. 2 bed upper flat in Low Fell, Gateshead – £55,000
This 2 bed upstairs flat boasting its own front garden and separate garage could make the ideal home for a first-time buyer, or for those looking for an income yield it has impressive investment potential.
The property is ideally situated within a popular development, and its close proximity to shopping complexes like the Team Valley Trading Estate makes this home even more desirable.
Although its interior, including a kitchen, lounge and bathroom, is in need of some updating, with a starting bid of £55,000 this flat has the potential to make an impressive home at a bargain price.
These properties will be sold at auction on Tuesday 26th July 2016 at Kingston Park Rugby Ground at 5pm. Contact Pattinson Auction on 0191 206 9335