* Freehold
* This property is for sale by the Modern Method of Auction
* Mid - Terraced
* Gas Central Heating
* Double Glazing
* Rear Courtyard
* Two Bedrooms
* In Need Of Refurbishment
Auctioneer 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 buyers
solicitor (for standard Grade 1 properties). 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.
Located in Ferryhill In County Durham, the property is close to all local
amenities, including schools, local supermarkets and public transport routes.
The property is ideal for investors, to be purchased with current long - term
sitting tenant on a standard AST.
Property Comprises of a large living room/diner and kitchen on the Ground
Floor, with two spacious bedrooms and family bathroom to the first floor with
an outside rear courtyard garden and on - street parking to the front.
Are you buying for investment? Speak to us about our fixed term management
packages.
Are you looking to carry out refurbishment work? Speak to us about our
Property Services division, we can carry out all building and refurbishment
works.
Sell your Teesside Property with a Local Business and pay no upfront fees and
only £995 once sold on completion. v

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