House For Sale £80,000
For sale by Modern Method of Auction; Starting Bid Price £80,000 plus Reservation Fee...
Larger than average family home, pleasantly situated within this popular residential area of Washington. Previously rented out achieving approx. £550pcm, therefore generating a yield of approx. 8%. Spacious versatile living space with two reception rooms, Kitchen and Utility/Ground Floor WC. Four versatile bedrooms and Bathroom. Enclosed rear garden with patio and lawn. Conveniently positioned for local amenities, schools and transport links. Potentially a lovely Home or great Investment opportunity.
Modern Method Of Auction
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. 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 £300.00 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.
Porch
Hall (4.06m x 2.26m)
Lounge (3.90m x 4.07m)
Dining Room (2.29m x 2.96m)
Kitchen (3.02m x 3.18m)
Utility Room / Wc (1.30m x 1.67m)
First Floor Landing
Bedroom (3.06m x 4.30m)
Bedroom (2nd) (1.96m x 3.36m)
Bedroom (3rd) (2.26m x 2.21m)
Bedroom (4th) (1.94m x 3.73m)
Bathroom (1.70m x 1.95m)
External
Rear Garden
Reeds Rains
Reeds Rains Estate and Lettings Agents in Chester-le-Street is fronted by Branch Manager Mark Arnold and ARLA qualified Lettings Manager Nicole Hughes. The branch has been servicing the community for many years. They have a loyal and long-standing team including Senior Negotiator Vicki Reynolds and Negotiator Janet Hutchinson who have both worked in the branch for 14 years.
The amount of repeat customers the Reeds Rains Chester-le-Street branch have is testament to their impeccable service and genuine love of selling and letting houses. They have a mix of properties suitable for families, young couples and professionals. The team pride themselves on being able to provide a full lettings service which gives peace of mind for both tenants and landlords alike. Often the team will work with investors and give guidance and advice on specific properties, and is locally trusted to manage a number of portfolios.
Important note to purchasers:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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Larger than average family home, pleasantly situated within this popular residential area of Washington. Previously rented out achieving approx. £550pcm, therefore generating a yield of approx. 8%. Spacious versatile living space with two reception rooms, Kitchen and Utility/Ground Floor WC. Four versatile bedrooms and Bathroom. Enclosed rear garden with patio and lawn. Conveniently positioned for local amenities, schools and transport links. Potentially a lovely Home or great Investment opportunity.
Modern Method Of Auction
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. 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 £300.00 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.
Porch
Hall (4.06m x 2.26m)
Lounge (3.90m x 4.07m)
Dining Room (2.29m x 2.96m)
Kitchen (3.02m x 3.18m)
Utility Room / Wc (1.30m x 1.67m)
First Floor Landing
Bedroom (3.06m x 4.30m)
Bedroom (2nd) (1.96m x 3.36m)
Bedroom (3rd) (2.26m x 2.21m)
Bedroom (4th) (1.94m x 3.73m)
Bathroom (1.70m x 1.95m)
External
Rear Garden
Reeds Rains
Reeds Rains Estate and Lettings Agents in Chester-le-Street is fronted by Branch Manager Mark Arnold and ARLA qualified Lettings Manager Nicole Hughes. The branch has been servicing the community for many years. They have a loyal and long-standing team including Senior Negotiator Vicki Reynolds and Negotiator Janet Hutchinson who have both worked in the branch for 14 years.
The amount of repeat customers the Reeds Rains Chester-le-Street branch have is testament to their impeccable service and genuine love of selling and letting houses. They have a mix of properties suitable for families, young couples and professionals. The team pride themselves on being able to provide a full lettings service which gives peace of mind for both tenants and landlords alike. Often the team will work with investors and give guidance and advice on specific properties, and is locally trusted to manage a number of portfolios.
Important note to purchasers:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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