Pilgrim Street, Newcastle upon Tyne, Tyne and Wear, NE1 Property for sale

55 Degrees North, Pilgrim Street, Newcastle upon Tyne, NE1

Starting Price £90,000 | Two Bedroom Apartment | City Centre Location

Offered for sale by online auction with a starting bid of £90,000, this well-presented two-bedroom apartment is located within the iconic 55 Degrees North development in the heart of Newcastle City Centre. Occupying an upper-floor position, the property offers spacious accommodation and is ideally placed for easy access to Newcastle's extensive range of shops, restaurants, bars, universities and leisure facilities, as well as excellent transport connections including Newcastle Central Station and the Tyne & Wear Metro network.

The apartment provides well-proportioned accommodation throughout and briefly comprises an entrance hallway leading to a generous reception room, offering an excellent space for relaxing or entertaining. The separate fitted kitchen benefits from a range of wall and base units with integrated cooking facilities and ample workspace.

The principal bedroom is a particularly impressive size and benefits from its own en-suite shower room, while the second double bedroom offers versatile accommodation suitable for guests, a home office or those requiring additional living space. A modern family bathroom serves the remainder of the property, completing the internal layout.

The property represents an excellent opportunity for a variety of purchasers including first-time buyers looking to enjoy city centre living, professionals seeking convenient access to local amenities, or investors looking to acquire a property within one of Newcastle's most recognisable residential developments.

Early viewing is highly recommended to fully appreciate the accommodation and location on offer.

Accommodation Comprises:

• Entrance hallway

• Spacious reception room

• Fitted kitchen

• Principal bedroom with en-suite shower room

• Second double bedroom

• Family bathroom

Property Information:

• Starting Bid: £90,000

• Tenure: Leasehold

• EPC Rating: C

• Council Tax Band: D

• Upper-floor apartment

Key Features:

• Two-bedroom apartment

• Two bathrooms including en-suite

• Located within the landmark 55 Degrees North development

• Spacious and well-proportioned accommodation

• Sought-after city centre location

• Excellent access to shops, restaurants and transport links

• Ideal first-time purchase or investment opportunity

• EPC Rating C

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.

Agents Note

Please note that the AML fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.