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Presented by : Dowen Spennymoor : To View, Telephone 01388 819900
£45,000 WEST TERRACE, SPENNYMOOR, COUNTY DURHAM, DL16 DL16 7BW Under Offer
3 Bedroom Terraced
<p>A SPACIOUS mid terrace property which has THREE BEDROOMS along with a SPACIOUS LOUNGE, a SEPARATE DINING ROOM and an ENCLOSED REAR YARD. The property is located within easy reach of Spennymoor town centre and is an excellent investment opportunity with an expected rent of £595 per calendar month once refurbished. Being warmed by gas central heating, the accommodation briefly comprises; entrance vestibule, entrance hall, lounge, dining room and kitchen all to the ground floor. At first floor level is a spacious landing, three bedrooms and a bathroom. Externally is an enclosed yard to the rear and a small garden area to the front. Viewing is strongly recommended.</p><br><br>This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Entrance Vestibule 5 Giving access to the entrance hall.
Entrance Hall 5 A spacious entrance hallway which has a radiator and stairs to the first floor.
Lounge 5 4.572m x 4.1148m - 15'0" x 13'6"<br>Having a double glazed bay window to the front, gas fire with back boiler, radiator, coving, picture rail and dado rail.
Dining Room 5 3.9624m x 3.6576m - 13'0" x 12'0"<br>With a double glazed window to the rear, picture rail and a radiator.
Kitchen 5 3.429m x 2.4384m - 11'3" x 8'0"<br>Having wall & base units with work surface space, single bowl sink unit with dual taps, plumbing for a washing machine, space for an under counter fridge & freezer, tiled splash backs, a radiator. a double glazed window to the rear and a door to the rear yard.
First Floor Landing 5 A large landing which has access to the loft.
Bedroom One 5 3.81m x 3.6576m - 12'6" x 12'0"<br>Having a double glazed window to the rear, coving and a radiator.
Bedroom Two 5 3.7084m x 3.0226m - 12'2" x 9'11"<br>With a double glazed window to the front, an open fireplace, coving and a radiator.
Bedroom Three 5 2.7432m x 1.8288m - 9'0" x 6'0"<br>With a double glazed window to the front and a radiator.
Bathroom 5 Having a panelled bath, pedestal wash basin, wc, radiator and a double glazed window to the rear.
Externally 5 To the rear of the property is a good-sized enclosed yard which has gated access. To the front is a small enclosed garden.
Tenure 5 We have been advised that the tenure of this property is FREEHOLD. This will be confirmed by a solicitor upon instruction of a sale.
WE CANNOT VERIFY THE CONDITIONS OF ANY SERVICES, FIXTURES, FITTINGS ETC AS NONE WERE CHECKED. ALL MEASUREMENTS APPROXIMATE. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON ANY MORTGAGE OR LOAN SECURED ON IT. These are draft particulars awaiting vendors approval. They are relased on the understanding that the information contained may not be accurate.