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House For Sale £30,000
High Street, West Cornforth, Ferryhill DL17


Description
For sale by unconditional online auction
in partnership with sdl Auctions
Full terms and conditions are available on the sdl Auctions website.

Property was Let at a rental value of £460 pcm

This very well proportioned two bedroom house would be an ideal purchase for both investors and first time buyers alike! Within walking distance of local shops and school.
The layout briefly comprises spacious lounge, kitchen/diner, bathroom and two bedrooms.
Externally there is a private rear yard with off street parking available.
Tenure
See Legal Pack
Legal Pack
The legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our sdl Auctions website.
Online Auction Registration
Every online bidder on sdl Auctions must first create an account on the online section of the sdl Auctions website -
This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction ‘Terms and Conditions’. Once you have done this you will be able to search, ‘watch’ lots and download legal documents.
After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.
In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.
Unconditional Online Auction Procedure
If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. At the end of the auction, you are charged 5% deposit (subject to a minimum fee of £5000) and exchange of contracts takes place. The deposit contributes towards the purchase price. By placing a bid, you are authorising the auctioneer to sign the auction contract on your behalf.

The sale of each Lot is subject to a Buyers Fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you £6,000 (using the payment details provided at the registration stage) if you are the successful bidder, as a payment towards the Buyers Fee and deposit. You will be required to pay any outstanding amounts (minimum of £5,000) immediately after the end of the auction, which can be paid by debit card or bank transfer.
Full terms and conditions are available on the sdl Auctions website -

Living Room (5.2m x 4.5m)

Located to the front elevation of the property with double glazed window, radiator, electric fire and storage cupboard. Stairs lead to the first floor.

Kitchen Dining Room (4.5m x 2.3m)

To the rear of the property with two double glazed windows, rear upvc door and radiator. Fitted kitchen with range of wall, base and drawer units and a marble effect roll top work surface and a stainless stell 1.5 sink with single mixer. Integrated appliances include dual oven, extractor and hob.

Bathroom (3.1m x 3.2m)

Partially tiled bathroom with fitted three piece suite comprising of panelled bath, low level W/C and pedestal sink. Heated towel rail, extractor, double glazed window and storage cupboard.

Bedroom (4.5m x 2.6m)

Located to the front elevation of the property with double glazed window and radiator.

Bedroom Two (2.7m x 2.5m)

Double glazed window and radiator.

Follow the link for more information:
        
zoopla.co.uk

  
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