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DERWENT TERRACE, SPENNYMOOR

Under Offer

Offers Over £18,000

1 Bedroom

Overview
Location
Street View
Particulars
Gallery
EPC

Property Features

A ONE BEDROOM mid terrace BUNGALOW which is located CLOSE TO SPENNYMOOR TOWN CENTRE and, being in need of refurbishment, offers an ideal investment opportunity. The property is well served by a wide variety of local amenities and has excellent transport links with Durham City and the A1m being just a short drive away. The accommodation is warmed by a gas, back boiler and comprises of; entrance hall, lounge, kitchen, rear hall, bedroom and bathroom. Externally is an enclosed yard to the rear with a brick built storage facility. To the front is an open plan block paved garden area. Viewing is recommended.
  • EPC RATING TBC
  • T'S & C'S APPLY
  • SUBJECT TO RESERVE PRICE
  • BUYERS FEES PAYABLE
  • MODERN METHOD OF AUCTION
  • VIEWING RECOMMENDED
  • YARD AREA

Particulars

LOUNGE

15' 05'' x 12' 06''

Having a double glazed window to the rear, gas fire with back boiler and a radiator.

ENTRANCE HALL

Giving access to the bedroom and lounge.

KITCHEN

11' 11'' x 6' 11''

Having wall and base units witrh work surface space, single drainer sink unit with dual taps, electric cooker point, space for fridge freezer, radiator and a double glazed window to the rear.

REAR HALL

Having a door to the rear yard and giving access to the bathroom.

BEDROOM

13' 11'' x 11' 09''

A spacious double bedroom which has a double glazed window to the front and a radiator.

BATHROOM

Having a panelled bath, pedestal wash basin, low level wc, tiling, radiator and a double glazed window to the rear.

EXTERNALLY

To the rear of the property is an enclosed yard with a brick built storage shed. To the front is an open plan block paved area.

TENURE

We have been advised that the tenure of this property is FREEHOLD. This will be confirmed by a solicitor upon instruction of a sale.

AUCTION INFORMATION

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.

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51 High Street,
Spennymoor
DL16 6BB

01388 819900

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