Attwood Terrace, Spennymoor, DL16 6TD £50,000 Starting Bid
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*** THIS PROPERTY IS FOR SALE BY THE MODERN METHOD OF AUCTION TUESDAY 5th DECEMBER 2017 AT THE RAMSIDE HALL HOTEL, DURHAM, DH1 1TD. REGISTRATION IS AT 8:30PM, AUCTION COMMENCES 9:00PM. FOR FURTHER INFORMATION PLEASE CONTACT THE AUCTION TEAM ON 0191 2390802 ***

DECEPTIVELY SPACIOUS MID TERRACE PROPERTY with the benefit of LARGE REAR GARDEN and SUPERB VIEWS to the rear over open countryside. At present the property comprises of a ground floor commercial premises previously used as a chiropodists with a SPACIOUS FLAT on the first floor. The property offers excellent potential for conversion to a THREE BEDROOM residential dwelling or could be split in to two self contained flats subjecting to obtaining the necessary planning consent. Alternatively the property could provide an ideal home and income opportunity as the commercial premises are suitable for a variety of uses. The property is located in Tudhoe between Spennymoor and Durham with a range of local shops and on a bus route to the surrounding areas. Over the years the property has been extended to the REAR and now requires modernisation and improvement although there is GAS CENTRAL HEATING and UPVC DOUBLE GLAZING installed. The LARGE boarded LOFT offers potential for conversion to additional living accommodation. The commercial premises including ENTRANCE VESTIBULE, RECEPTION/WAITING ROOM, REAR RECEPTION ROOM, UTILITY ROOM, W/C and STORE ROOM previously used as a BEDROOM. The flat includes a LARGE ENTRANCE HALL to the ground floor with stairs leading to a LANDING with access to the LOFT, LOUNGE/BEDROOM with marble effect Adam style fire place, LIVING/DINING ROOM, FITTED KITCHEN and BATHROOM W/C. Externally there is an enclosed PAVED FORECOURT to the FRONT, right of access to the SIDE giving access to the LARGE west facing REAR GARDEN with WILDLIFE POND and ROCKERIES. The property is offered for sale with the benefit of NO ONWARD CHAIN. In more detail the accommodation comprises of

37 Attwood Terrace

Entrance Vestibule
Double glazed entrance door to the front elevation
Reception/Waiting Room
Double glazed window to the front elevation, central heating radiator, fitted wall lights and door leading to 12'10 x 9'2
Reception Room
Double glazed window to the rear elevation, central heating radiator and sliding door leading to 13'8 x 9'2
Utility Room
Space and plumbing for an automatic washing machine, wall mounted wash hand basin, double glazed window to the side elevation and sliding door leading to 6' x 6'
Rear Entrance Hall
Double glazed entrance door giving access to the rear yard and doors giving access to the W/C and Store Room/Bedroom
W/C
White low level w/c, central heating radiator and double glazed window to the side elevation
Store Room/ Bedroom
Double glazed window to the side elevation and central heating radiator 11'8 x 6'
37A Attwood Terrace

Entrance Hallway
Double glazed entrance door to the front elevation, staircase giving access to the first floor, built in storage cupboard and double glazed entrance door giving access to the rear garden
Landing
Sliding doors leading to the Lounge/Bedroom and Living/Dining Room, door leading to the Bathroom W/C and access to a fully boarded Loft
Loft
Access via timber steps, skylight window to the rear elevation, electric light, power points and eves storage
Lounge/Bedroom
Double glazed window to the front elevation, wall mounted marble effect Adam style fire place, TV point, central heating radiator, built in wardrobe, ceiling coving and ceiling rose 12'10 x 12'8
Living/Dining Room
Double glazed window to the rear elevation, superb open outlook TV point, central heating radiator, ceiling coving, ceiling rose and sliding door leading to 13'8 x 10'4
Kitchen
Fitted floor and wall units, fitted work surfaces, single drainer stainless steel sink unit with mixer tap, electric cooker point, space for a fridge, central heating radiator, built in storage cupboard housing the gas boiler which provides hot water and central heating, superb open outlook and two double glazed windows to the side and rear elevations 12'2 x 6'
Bathroom W/C
A three piece suite comprising of a bath, wash hand basin with mixer tap, low level w/c, part ceramic tiling to the walls , central heating radiator superb open outlook and double glazed window to the rear elevation
Externally
Paved forecourt to the front enclosed by a brick wall, right of access with a timber gate giving access to a paved rear yard with security lights and flower borders, beyond the yard is a large rear garden enclosed by timber fencing which is approximately west facing, mainly laid to lawn with two garden sheds, established shrubs, wildlife pond and rockeries

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% plus VAT; to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.

Further Details

Bedrooms:
0

Receptions:
3

Property Type:
House - mid terrace

Property Status:
For Sale

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