Wood Street, Spennymoor, DL16 7AU £35,000 Starting Bid
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Three Bed End Terrace Gas Central Heating Access To Local Bus Routes
Lounge, Kitchen/Breakfast Room Yard To Rear Local Schools Are Close By
UPVC Double Glazing Ideal For Property Investor

***For Sale by Auction***

We offer to the market this THREE BEDROOM END TERRACE property which would be an ideal purchase for a variety of buyers including the property investor. The property benefits from UPVC GLAZING and GAS CENTRAL HEATING and is located of the outskirts of Spennymoor but is close to local bus routes, schools and amenities. Spennymoor town centre lies about one mile away. The accommodation comprises of ENTRANCE PORCH, LOUNGE with feature fire surround, KITCHEN/BREAKFAST ROOM, REAR LOBBY and BATHROOM. Whilst to the first floor THREE BEDROOMS. Externally the property has a rear yard. In more detail the accommodation comprises of

Entrance Porch

Lounge
UPVC window to front elevation, feature fire surround with marble hearth and back, living flame gas fire, TV point, BT point, single central heated radiator, textured ceiling and coving 14'8 x 11'10
Kitchen
UPVC window to rear elevation, a range of wall and base units, contrasting work surfaces, stainless steel one and a half bowl sink and mixer tap, stainless steel gas hob, electric oven, extractor hood, breakfast bar, single central heated radiator, laminate flooring, under stairs storage cupboard, textured ceiling and coving 14'8 x 13'4
Rear Lobby

Bathroom
Fitted with a white suite comprising of low level w/c, pedestal wash hand basin, panelled bath, part waterproof tongue and groove panelling to walls, tongue and groove panelling to ceiling, central heated radiator and uPVC window to side elevation
FIRST FLOOR

Landing
Double central heated radiator
Bedroom One
UPVC window to front elevation and central heated radiator 15 x 11'9
Bedroom Two
UPVC window to rear elevation and central heated radiator 13'2 x 7'2
Bedroom Three
UPVC window to rear elevation and storage cupboard housing Baxi boiler for domestic hot water and gas central heating 10'3 x 6'3
Externally
To the rear of the property there is a yard with gated access

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:
3

Receptions:
1

Property Type:
House - end terrace

Property Status:
For Sale

Interested in this property?

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01388 420444