Under Offer
£25,000***EXCELLENT INVESTMENT OPPORTUNITY BEING SOLD VIA AUCTION*** ***RESERVATION FEE APPLIES*** This 2-bedroom mid-terrace property in Shildon presents an exceptional investment opportunity being sold via auction. Located in a convenient area, this property offers potential for renovation and enhancement, making it an attractive prospect for investors looking to add value. The interior features a traditional layout with a living room, dining room and kitchen whilst to the first floor there are two bedrooms and a bathroom, providing a solid foundation for refurbishment and modernization. With its proximity to local amenities and transport links, as well as its auction sale status, this property represents a promising venture for those seeking to enter the property market or expand their investment portfolio in Shildon.
Stairs accessing the first floor, radiator, access into:-
3.47m x 3.38m - 11'5" x 11'1"
Upvc framed double glazed window, radiator, feature pebble effect fireplace, archway leading into:-
3.56m x 3.54m - 11'8" x 11'7"
Upvc framed double glazed window, coal effect fire, ample room for dining table and chairs, access into:-
2.13m x 2.09m - 6'12" x 6'10"
Fitted with a good range of base and wall units finished in a beech laminate, heat resistant worktops, stainless steel sink unit, tiling to splashbacks, lino flooring, upvc framed double glazed window, door accessing the rear of the property, radiator.
Loft access, storage cupboard.
Fitted with a 3 piece suite comprising a panel bath, handwash basin, low level WC, part tiling to the walls, upvc framed double glazed window, radiator.
4.56m x 3.35m - 14'12" x 10'12"
Upvc framed double glazed window, radiator.
3.54m x 2.76m - 11'7" x 9'1"
Built in storage cupboard housing tank, upvc framed double glazed window, radiator.
Externally to the rear of the property there is a wall enclosed yard with storage shed.
Auctioneer CommentsThis 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 buyer's solicitor. This additional time allows buyers to proceed with mortgage finance. 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 Buye
125 Newgate Street,
Bishop Auckland
DL14 7EN