2 bedroom flat

For sale by online auction
31st March 2025 - 10am Start
Bidding opens 24 hours prior

OPTION TWO – On the fall of the electronic gavel or acceptance of an offer by the seller, the buyer shall pay a £3,000 non-refundable deposit to The Agents Property Auction Limited and sign a Memorandum of Sale stating exchange of contracts will occur within 28 days of their solicitor receiving the contract pack and completion in a further 14 days

The property briefly comprises of an entrance hallway, two bedrooms, a shower room, kitchen and open plan livingroom/dining room. Externally, the property also benefits from a parking space.

East Parade is located in the town centre and as such has a wealth of shops, facilities and Amenities on its doorstep. Morrisons is just across the road and the railway station is a few minutes walk.

Disclaimer 1
None of the services have been tested.
Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and
do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property. For sale by auction see
Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including VAT from them for the recommendation.

Disclaimer 3
Details of the tenure will be available in the legal pack, however we recommend all potential buyers take legal advice and satisfy their requirements prior to purchase.

MATERIAL INFORMATION:

In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance

PART A
Local Authority – Durham County Council
Council Tax Band – A
Asking Price – Guide £37,000
Tenure – Leasehold -
(11.07.1994) Short particulars of the lease(s) (or under-lease(s))
under which the land is held:
Date : 6 May 1994
Term : 99 years from 1 January 1992
Rent : A peppercorn

PART B
Property Type – Flat - Ground floor
Property Construction – Standard
Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls
Electricity supply – Mains
Water Supply - Mains
Sewerage – Mains
Heating - Mains gas Boiler with Radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website -
Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking: Parking space

PART C
Building Safety – The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm
Restrictions - None
Rights & Easements- None
Flood risk – Very Low
Coastal Erosion - NA
Protected Trees – NA
Conservation area – NO
Planning Permission – No
Accessibility – The property has not been altered for accessibility.
Mining Area – Located in Historical mining area
Selective License Area – YES
Due to the nature of this sale, the property details have not been checked by the sellers.

No other Material Information disclosures have been made by the vendor. This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.