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5 Brougham Street, Darlington, County Durham DL3 0ND

Buy it Now
 

Guide Price £50,000 plus fees

ConditionalOn the fall of the hammer, the successful bidder will enter into a reservation agreement with the seller. This agreement confers an exclusivity period of 60-days on the successful bidder, in which to exchange contracts and complete the purchase. The non-refundable Reservation Fee will be payable to us immediately on the fall of the hammer, the amount of which will be stated on the property description. This fee does not contribute to the purchase price. The deposit will be payable later on exchange of contracts via your solicitor. You must make every effort to exchange contracts of sale and complete the purchase within the 60-day exclusivity period, unless the Special Conditions of Sale within the legal pack state otherwise.
Timed Auction

Friday 15th October 2021

12.00am
Key Features
  • Mid Terrace Property
  • Fitted Kitchen Diner
  • Two Double Bedrooms
  • EPC Rating: D
  • Enclosed Rear Yard
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Buy it Now

Terraced House

Property Description:

Fantastic investment opportunity or first time buy!! Spacious two bedroom terraced home situated in the popular North Road area of Darlington, within easy reach of the town centre and mainline train station.

Extended on the ground floor to provide; entrance vestibule, lounge, breakfasting kitchen and three piece bathroom suite. With two good sized bedrooms to the first floor. Small yard to rear and on street parking to front.

Hall

Entrance vestibule providing access in the lounge.

Lounge 14ft 9 x 13ft 1 (4.5m x 3.99m)

With double glazed window to front, central heating radiator and feature fireplace

Kitchen 13ft 1 x 8ft 10 (3.99m x 2.69m)

Modern dining kitchen fitted with a range of wall and base units with contrasting surfaces over. Integrated appliances include

gas hob, dual oven, extractor hood and sink unit. With tiled flooring and splashbacks, double central heating radiator and a double glazed window to rear overlooking the rear yard.
Rear Passage

With storage cupboard and external door providing access to the yard.

Bathroom

Ground floor family bathroom, fitted with a white three piece suite including

mains shower over bath, low level WC and wash hand basin. With tiled walls and vinyl flooring, central heating radiator and double glazed window to side.
First Floor Landing
Main Bedroom 13ft 1 x 11ft 5 (3.99m x 3.48m)

With double glazed window to front and central heating radiator with built-in cupboard over stairs.

Bedroom Two 13ft 1 x 8ft 6 (3.99m x 2.59m)

With double glazed window to rear and central heating radiator

Outside

Enclosed yard to rear and on street parking to front.

Tenure:

Freehold. Vacant possession upon completion.



Auction Method: 
The sale of this property will be conducted online. This is a "Buy-It-Now" lot, so there are no other lots being sold alongside this property. 

You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.

When you place your bid, you are deemed to have agreed to SDL Property Auctions' Buyers Terms (England & Wales).

Auction Type - Conditional with Reservation Fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the legal pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 40-business day reservation period, the seller is not able to accept other offers.

Auction Fees 
The following standard non-refundable fees apply: 
Reservation Fee - payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000 
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000 
The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of the auctioneer SDL Property Auctions and will be in addition to any fees payable to the auctioneer.  SDL Property Auctions has limited control over the content of the Special Conditions of Sale.

Deposit 
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.

Payment Method:
When you register to buy the property, you will be prompted to provide your payment details. Once your registration has been processed, your card will automatically be charged the value of the applicable auction fee and deposit.

Legal Pack
Before placing your bid, you must view the legal pack. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The Legal Pack can be viewed on SDL Property Auctions' website under the sub-heading "Legal Documents". Underneath this, you will be prompted to "log in to view the legal documents".  Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.

The legal pack can change at any time up until you place your bid, so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale. 
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before placing your bid. 

Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Property Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Energy Performance Certificate
The EPC for this property can be viewed on SDL Property Auctions' website by logging in to view the legal documents for the property.  Go to the "Legal Documents" area. Underneath this, you will be prompted to "log in to view the legal documents".  Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.

Registration Process:
To register to bid on the property, please go to SDL Property Auctions' website and follow the link to "Log in/Register to Bid". You will then be directed to create an account with the online-bidding platform provider, EIG.

Disclaimer: In some exceptional circumstances there may be a delay in processing your registration. If this delay results in another person placing a successful offer, SDL Property Auctions are not liable to you for any loss of opportunity.

Available Price
The property is available to purchase immediately at the price listed on the lot.