House For Sale £35,000
* FOR SALE VIA MODERN AUCTION*
Attention Investors - We are delighted to present to the market with no onward chain; this terraced house situated pleasantly on High Street, within the popular residential location of West Cornforth. This property was previously a functioning post office, but has been altered accordingly to operate as a childrens nursery which has traded in these premises for over 10 years & would be the ideal opportunity for buy-to-let investors who wish to let the property as two separate apartments. Having easy access to all of the local amenities offered in & around the immediate area & within excellent commuting distance to all major road links leading to Durham City, Darlington & Teeside, the property also benefits from gas central heating via a combi boiler, double glazing, a full re-wire & a fully fitted fire alarm system. In addition, the residence boasts all internal fire doors throughout, has been re-plastered, has an operating emergency lighting system & the added benefit of a cellar which measures 16'5 x 10'8 (approximately). The property itself comprises in brief: entrance hallway with access to two separate doors (ground & first floor), the two reception rooms downstairs appear to have previously been a lounge & separate dining area & in addition, there is a secured ground floor cloaks/wc. The first floor landing hosts one spacious reception room (measuring 21'10 x 17'2 approximately) which was previously two bedrooms & a kitchen area with a range of fitted wall & base units; which was the previous bathroom. Additionally, there is a wc area. Externally, the property enjoys an enclosed yard to rear. We urge clients not to miss out on the space, standard & potential of this well proportioned property for sale & strongly encourage thorough internal inspection.
EPC rating: TBC
Council Tax Band: A
Entrance Hallway -
Reception Room One - 5.36m x 4.32m (17'7 x 14'2) -
Ground Floor Cloaks / Wc -
Reception Room Two - 4.39m x 4.11m (14'5 x 13'6) -
First Floor Landing -
Open-Plan Reception Room - 6.65m x 5.23m (21'10 x 17'2) -
Inner Hallway -
Kitchen - 3.45m x 2.79m (11'4 x 9'2) -
Externally -
Basement Cellar - 5.00m x 3.25m (16'5 x 10'8) -
Auctioneers Comments - 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 buyer's 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 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.
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.
Attention Investors - We are delighted to present to the market with no onward chain; this terraced house situated pleasantly on High Street, within the popular residential location of West Cornforth. This property was previously a functioning post office, but has been altered accordingly to operate as a childrens nursery which has traded in these premises for over 10 years & would be the ideal opportunity for buy-to-let investors who wish to let the property as two separate apartments. Having easy access to all of the local amenities offered in & around the immediate area & within excellent commuting distance to all major road links leading to Durham City, Darlington & Teeside, the property also benefits from gas central heating via a combi boiler, double glazing, a full re-wire & a fully fitted fire alarm system. In addition, the residence boasts all internal fire doors throughout, has been re-plastered, has an operating emergency lighting system & the added benefit of a cellar which measures 16'5 x 10'8 (approximately). The property itself comprises in brief: entrance hallway with access to two separate doors (ground & first floor), the two reception rooms downstairs appear to have previously been a lounge & separate dining area & in addition, there is a secured ground floor cloaks/wc. The first floor landing hosts one spacious reception room (measuring 21'10 x 17'2 approximately) which was previously two bedrooms & a kitchen area with a range of fitted wall & base units; which was the previous bathroom. Additionally, there is a wc area. Externally, the property enjoys an enclosed yard to rear. We urge clients not to miss out on the space, standard & potential of this well proportioned property for sale & strongly encourage thorough internal inspection.
EPC rating: TBC
Council Tax Band: A
Entrance Hallway -
Reception Room One - 5.36m x 4.32m (17'7 x 14'2) -
Ground Floor Cloaks / Wc -
Reception Room Two - 4.39m x 4.11m (14'5 x 13'6) -
First Floor Landing -
Open-Plan Reception Room - 6.65m x 5.23m (21'10 x 17'2) -
Inner Hallway -
Kitchen - 3.45m x 2.79m (11'4 x 9'2) -
Externally -
Basement Cellar - 5.00m x 3.25m (16'5 x 10'8) -
Auctioneers Comments - 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 buyer's 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 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.
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.
