House For Sale £41,000
An exceptional investment - 14.7% rent yield potential - popular location .... Hunters are delighted to act with SDl Auctions in the sale of this wonderful property which is conveniently situated within reach of the town centre amenities, nearby schools, colleges and the A19 which interconnects with all regional centres including Sunderland, Hartlepool and the historic City of Durham. Although in need of improvement this end terrace house offers a sizeable accommodation including an entrance hallway with ground floor W/c, two reception rooms, a breakfasting kitchen, three bedrooms and a family bathroom to the first floor, gardens and double glazing. For further information regarding viewings and Hunters comprehensive lettings management facilities please contact your local Hunters office situated in the Castle Dene Shopping Centre in Peterlee.
Entrance hallway
The larger than average entrance features an external double glazed door and feature staircase leading to the first floor. Further attributes include an additional cloaks cupboard and doors providing accessibility into the lounge and the ground floor Wc.
Ground floor W/C
This useful facility features a double glazed window, low level W/c and a hand wash basin set into a vanity cabinet.
Lounge
4.12m (13' 6") x 3.62m (11' 11")
Situated at the front of the property, the principle reception offers wonderful views across an area of parkland towards Passfield Way through double glazed windows. Accompaniments include laminated flooring and two doors opening into the dining room and the entrance hallway respectively.
Room
dining room
3.33m (10' 11") x 2.44m (8' 0")
Nestled adjacent to the lounge at the front of the home, the dining room incorporates a double glazed window accompanying a double glazed external door opening into the front gardens and a further door leading into the breakfast kitchen at the rear of the property.
Breakfast kitchen
3.50m (11' 6") x 2.91m (9' 7")
The kitchen area features a selection of both wall and floor cabinets finished in a white colour with contrasting work surfaces integrating a stainless steel sink and drainer unit and an electrical cooker point. Additional attributes include an external double glazed door with accompanying double glazed windows overlooking the rear gardens.
Room
half landing
Featuring a double glazed window to the rear of the home.
First floor landing
The landing area offers two useful storage cupboards and four doors providing access into the three bedrooms and family bathroom.
Master bedroom
3.62m (11' 11") x 3.38m (11' 1")
The sizeable master bedroom is located at the front of the home and features a double glazed window providing elevated views across the parkland towards Passfield Way, an airing cupboard with water tank and laminated flooring.
Second bedroom
3.64m (11' 11") x 2.53m (8' 4")
The second double bedroom is situated adjacent to the master at the front of the property and offers a double glazed window together with laminated flooring.
Third bedroom
2.84m (9' 4") x 2.05m (6' 9")
A delightful third bedroom which incorporates a double glazed window offering elevated views across the rear gardens.
Family bathroom
2.02m (6' 8") x 1.82m (6' 0")
Nestled adjacent to the third bedroom at the rear of the home, the family bathroom features a white suite comprising of a panel bath, low level W/c and elevated hand wash basin. Accompaniments include a double glazed window and partial wall tiling.
Rear gardens
To the rear of the home the enclosed gardens offer a lower than average maintenance outdoor space enclosed with timber fencing and a wrought iron access gate.
Side aspect
front aspect
EPC
Environmental impact of this property. One of the biggest contributors to climate change is carbon dioxide (CO2). The energy used for heating, lighting and power in our homes produces over a quarter of the UK’s CO2 emissions. An average household produces 6 tonnes of CO2 This property produces 8.9 tonnes of CO2 This property’s potential production 5.5 tonnes of CO2 By making the recommended changes, you could reduce this property’s CO2 emissions by 3.4 tonnes per year. This will help to protect the environment. Environmental impact ratings are based on assumptions about average occupancy and energy use. They may not reflect how energy is consumed by the people living at the property.
For sale by conditional online auction.
tenure
Freehold
auction method
The auction for this property be conducted online through our online-bidding platform. This is a "Timed Auction", so there are will no other lots being sold alongside this property. The timeslot for the auction is displayed on sdl Auctions' website. To view this, search for the property via their website, then click onto the property to view the property details. The time remaining to bid, and end date of the auction, is displayed on the page. You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed. When you place your bid, you are deemed to have agreed to sdl Auctions' Buyers Terms (England & Wales) which are available to read on sdl Auctions' website.
Auction type - conditional with reservation fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 40-business day reservation period, the seller is not able to accept other offers.
Auction fee
The following non-refundable fees apply:
• Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of sdl Auctions, and will be in addition to any fees payable to us. Sdl Auctions has limited control over the content of the Special Conditions of Sale.
Deposit
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.
Payment method
When you register to bid, you will be prompted to provide your payment details to sdl Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Legal pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate. To view the legal pack, first search for the property on sdl Auctions' website, and click onto the property to view the property details. There will be a sub-heading "Legal Documents". Underneath this, you will be prompted to "Log in to view the legal documents". Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale. It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special conditions of sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of sdl Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Registration process
To register to bid on the property, search for the lot on sdl Auctions' website. Click onto the property, follow the link to "Log in/register to bid" and you will then be directed to create an account with the online-bidding platform provider, eig.
Entrance hallway
The larger than average entrance features an external double glazed door and feature staircase leading to the first floor. Further attributes include an additional cloaks cupboard and doors providing accessibility into the lounge and the ground floor Wc.
Ground floor W/C
This useful facility features a double glazed window, low level W/c and a hand wash basin set into a vanity cabinet.
Lounge
4.12m (13' 6") x 3.62m (11' 11")
Situated at the front of the property, the principle reception offers wonderful views across an area of parkland towards Passfield Way through double glazed windows. Accompaniments include laminated flooring and two doors opening into the dining room and the entrance hallway respectively.
Room
dining room
3.33m (10' 11") x 2.44m (8' 0")
Nestled adjacent to the lounge at the front of the home, the dining room incorporates a double glazed window accompanying a double glazed external door opening into the front gardens and a further door leading into the breakfast kitchen at the rear of the property.
Breakfast kitchen
3.50m (11' 6") x 2.91m (9' 7")
The kitchen area features a selection of both wall and floor cabinets finished in a white colour with contrasting work surfaces integrating a stainless steel sink and drainer unit and an electrical cooker point. Additional attributes include an external double glazed door with accompanying double glazed windows overlooking the rear gardens.
Room
half landing
Featuring a double glazed window to the rear of the home.
First floor landing
The landing area offers two useful storage cupboards and four doors providing access into the three bedrooms and family bathroom.
Master bedroom
3.62m (11' 11") x 3.38m (11' 1")
The sizeable master bedroom is located at the front of the home and features a double glazed window providing elevated views across the parkland towards Passfield Way, an airing cupboard with water tank and laminated flooring.
Second bedroom
3.64m (11' 11") x 2.53m (8' 4")
The second double bedroom is situated adjacent to the master at the front of the property and offers a double glazed window together with laminated flooring.
Third bedroom
2.84m (9' 4") x 2.05m (6' 9")
A delightful third bedroom which incorporates a double glazed window offering elevated views across the rear gardens.
Family bathroom
2.02m (6' 8") x 1.82m (6' 0")
Nestled adjacent to the third bedroom at the rear of the home, the family bathroom features a white suite comprising of a panel bath, low level W/c and elevated hand wash basin. Accompaniments include a double glazed window and partial wall tiling.
Rear gardens
To the rear of the home the enclosed gardens offer a lower than average maintenance outdoor space enclosed with timber fencing and a wrought iron access gate.
Side aspect
front aspect
EPC
Environmental impact of this property. One of the biggest contributors to climate change is carbon dioxide (CO2). The energy used for heating, lighting and power in our homes produces over a quarter of the UK’s CO2 emissions. An average household produces 6 tonnes of CO2 This property produces 8.9 tonnes of CO2 This property’s potential production 5.5 tonnes of CO2 By making the recommended changes, you could reduce this property’s CO2 emissions by 3.4 tonnes per year. This will help to protect the environment. Environmental impact ratings are based on assumptions about average occupancy and energy use. They may not reflect how energy is consumed by the people living at the property.
For sale by conditional online auction.
tenure
Freehold
auction method
The auction for this property be conducted online through our online-bidding platform. This is a "Timed Auction", so there are will no other lots being sold alongside this property. The timeslot for the auction is displayed on sdl Auctions' website. To view this, search for the property via their website, then click onto the property to view the property details. The time remaining to bid, and end date of the auction, is displayed on the page. You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed. When you place your bid, you are deemed to have agreed to sdl Auctions' Buyers Terms (England & Wales) which are available to read on sdl Auctions' website.
Auction type - conditional with reservation fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 40-business day reservation period, the seller is not able to accept other offers.
Auction fee
The following non-refundable fees apply:
• Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of sdl Auctions, and will be in addition to any fees payable to us. Sdl Auctions has limited control over the content of the Special Conditions of Sale.
Deposit
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.
Payment method
When you register to bid, you will be prompted to provide your payment details to sdl Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Legal pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate. To view the legal pack, first search for the property on sdl Auctions' website, and click onto the property to view the property details. There will be a sub-heading "Legal Documents". Underneath this, you will be prompted to "Log in to view the legal documents". Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale. It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special conditions of sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of sdl Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Registration process
To register to bid on the property, search for the lot on sdl Auctions' website. Click onto the property, follow the link to "Log in/register to bid" and you will then be directed to create an account with the online-bidding platform provider, eig.
