- FOR SALE VIA THE MODERN METHOD OF AUCTION +
- THREE BEDROOM SEMI DETACHED PROPERTY WITH DEVELOPMENT POTENTIAL +
- LAND TO THE SIDE & REAR IDEAL FOR ANOTHER DWELLING +
- EXCELLENT LOCATION +
- TWO RECEPTION ROOMS +
- IN NEED OF UPDATING +
- VIEWING IS ESSENTIAL +
ONLINE AUCTION ENDS THURSDAY 20th excellent opportunity to acquire a three-bedroom semi-detached property situated on a large plot with substantial land to the side and rear. The land offers exciting potential for development, by extending the existing property or by constructing a new dwelling, either to the side or on the additional land to the rear (subject to the necessary planning permissions). The property itself requires updating but provides a generous floor area of approximately 100 square metres. The ground floor comprises an entrance hall, lounge, dining room and kitchen, while the first floor includes a landing, three bedrooms and a bathroom. Externally, the property boasts the extensive gardens to both the rear and side, providing ample outdoor space as well as the potential for future development. There is also the added advantage of a driveway and detached garage offering off-street parking. All in all, this is an excellent development or investment opportunity located less than one mile from Spennymoor Town Centre and approximately five miles from both Durham City and the A1(M). Viewing is considered essential.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).