House For Sale £32,000
** for sale via modern auction ** ** investment opportunity ** ** ground floor WC and first floor bathroom **
Well presented two bedroom terraced property located in this popular part of Shildon which lies within easy reach of the A1(M) linking the North and South along with surrounding towns and villages.
In need of refurbishment, however viewings recommended to appreciate potential. It is a good sized mid terraced property, featuring two reception rooms, spacious kitchen along with a ground floor WC and first floor bathroom. There is gas central heating via a ‘Combi’ boiler and UPVC double glazing (some units damaged).
Please Note: Council Tax Band A. Freehold basis.
Small enclosed yard to rear
Ground floor
Entrance vestibule with stairs to first floor, lounge to the front, dining room, kitchen and ground floor WC
First floor landing
Two bedrooms, a double and a single and a bathroom bath, wash hand basin and WC.
Externally
Small enclosed yard to rear
Please Note: Council Tax Band A. Freehold basis.
EPC Rating: D
Lounge (3.99m x 3.43m)
Dining Room (2.64m x 4.55m)
Kitchen (3.25m x 1.80m)
Bedroom One (3.99m x 3.58m)
Bedroom Two (1.98m x 2.64m)
Bathroom (1.63m x 2.06m)
Auctioneer Comments - Part One
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 (for standard Grade 1 properties).
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
Auctioneer Comments - Part Two
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.
Auctioneer Comments - Part Three
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 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.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Well presented two bedroom terraced property located in this popular part of Shildon which lies within easy reach of the A1(M) linking the North and South along with surrounding towns and villages.
In need of refurbishment, however viewings recommended to appreciate potential. It is a good sized mid terraced property, featuring two reception rooms, spacious kitchen along with a ground floor WC and first floor bathroom. There is gas central heating via a ‘Combi’ boiler and UPVC double glazing (some units damaged).
Please Note: Council Tax Band A. Freehold basis.
Small enclosed yard to rear
Ground floor
Entrance vestibule with stairs to first floor, lounge to the front, dining room, kitchen and ground floor WC
First floor landing
Two bedrooms, a double and a single and a bathroom bath, wash hand basin and WC.
Externally
Small enclosed yard to rear
Please Note: Council Tax Band A. Freehold basis.
EPC Rating: D
Lounge (3.99m x 3.43m)
Dining Room (2.64m x 4.55m)
Kitchen (3.25m x 1.80m)
Bedroom One (3.99m x 3.58m)
Bedroom Two (1.98m x 2.64m)
Bathroom (1.63m x 2.06m)
Auctioneer Comments - Part One
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 (for standard Grade 1 properties).
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
Auctioneer Comments - Part Two
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.
Auctioneer Comments - Part Three
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 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.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
