3 bedroom terraced house for sale
Key information
Property description & features
- THREE BEDROOM TERRACED PROPERTY
- IN NEED OF REFURBISHMENT
- TWO RECEPTION ROOMS
- ENCLOSED YARD TO THE REAR
- CLOSE TO TOWN CENTRE
- AUCTION TERMS & CONDITIONS APPLY
A SPACIOUS mid terrace property which has THREE BEDROOMS along with a SPACIOUS LOUNGE, a SEPARATE DINING ROOM and an ENCLOSED REAR YARD. The property is located within easy reach of Spennymoor town centre and is an excellent investment opportunity with an expected rent of £595 per calendar month once refurbished. Being warmed by gas central heating, the accommodation briefly comprises; entrance vestibule, entrance hall, lounge, dining room and kitchen all to the ground floor. At first floor level is a spacious landing, three bedrooms and a bathroom. Externally is an enclosed yard to the rear and a small garden area to the front. Viewing is strongly recommended.
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 (subject to lending criteria, affordability and survey). 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.
Rooms
Entrance Vestibule
Giving access to the entrance hall.
Entrance Hall
A spacious entrance hallway which has a radiator and stairs to the first floor.
Lounge
4.572m x 4.1148m - 15'0" x 13'6"<br />Having a double glazed bay window to the front, gas fire with back boiler, radiator, coving, picture rail and dado rail.
Dining Room
3.9624m x 3.6576m - 13'0" x 12'0"<br />With a double glazed window to the rear, picture rail and a radiator.
Kitchen
3.429m x 2.4384m - 11'3" x 8'0"<br />Having wall & base units with work surface space, single bowl sink unit with dual taps, plumbing for a washing machine, space for an under counter fridge & freezer, tiled splash backs, a radiator. a double glazed window to the rear and a door to the rear yard.
First Floor Landing
A large landing which has access to the loft.
Bedroom One
3.81m x 3.6576m - 12'6" x 12'0"<br />Having a double glazed window to the rear, coving and a radiator.
Bedroom Two
3.7084m x 3.0226m - 12'2" x 9'11"<br />With a double glazed window to the front, an open fireplace, coving and a radiator.
Bedroom Three
2.7432m x 1.8288m - 9'0" x 6'0"<br />With a double glazed window to the front and a radiator.
Bathroom
Having a panelled bath, pedestal wash basin, wc, radiator and a double glazed window to the rear.
Externally
To the rear of the property is a good-sized enclosed yard which has gated access. To the front is a small enclosed garden.
Tenure
We have been advised that the tenure of this property is FREEHOLD. This will be confirmed by a solicitor upon instruction of a sale.
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on December 30, 2021
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 30, 2021
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area: obtained on February 6, 2024 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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