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This property is no longer on the market

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Features and description

  • Spacious 11 room property
  • Ideal for the property investor
  • Previously two housed knocked into one
  • Off street parking to the rear
  • Town centre location

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* FOR SALE BY AUCTION *

* SPACIOUS 11 ROOM PROPERTY
* IDEAL FOR THE PROPERTY INVESTOR
* PREVIOUSLY TWO HOUSES KNOCKED INTO ONE
* OFF STREET PARKING TO THE REAR
* TOWN CENTRE LOCATION

The floorplan briefly comprises of ENTRANCE VESTIBULE leading to FRONT RECEPTION OFFICE in the hallway leading to THREE SPACIOUS RECEPTION ROOMS to KITCHEN AREAS. CLOAKROOM/WC and staircase to first floor. To the first floor further SPACIOUS BEDROOMS, large storage CUPBOARD and BATHROOM area. Externally, to the rear of the property there is off street parking for two vehicles.

The property is located in the heart of Spennymoor close to local shops, schools and amenities. Early viewing comes highly recommended on this property.

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% plus VAT; to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.

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About this agent

Robinsons - Spennymoor
Robinsons - Spennymoor
11 Cheapside Spennymoor DL16 6QE
01388 563997
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Robinsons - Estate agents in Spennymoor With a proven track record of success through a team of qualified employees, we are the estate agency in
Spennymoor that understands the most effective way of getting the best price possible for your property. Our team are dedicated to providing a service that
is specific to your needs and meet your expectations from a home sale or purchase. When selling your home, we can utilise all of our marketing strategies to
ensure that your property receives the marketing package that is right for you to support a successful sale. For buying we take your preference... Show more
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