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16 Monterey, Washington, County Durham NE37 2RG

Lot no: 132 Sold Prior to Auction for £110,000
 

Guide Price £105,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th August 2022

10.00am
Key Features
  • Semi-detached bungalow
  • Two bedrooms
  • Gardens front and rear with a 16ft garage
  • Property in need of renovation
  • Located in a quiet cul-de-sac and centrally located to a wide rage of local amenities
  • EPC Rating: C
  • Council Tax Band: B
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Sold Prior to Auction for £110,000

Bungalow

Property Description:

DRAFT DETAILS

A two bedroomed semi detached bungalow with a garage and garden space in Concord, Washington

Situated in a popular residential area, within walking distance of the town centre and all necessary amenities is this two bedroomed detached cottage.

The property sits on a quiet cul-de-sac surrounded by residential properties and is ideally placed for easy access to a variety of local shops, supermarkets, eateries, transport links and much more. The Galleries Shopping Centre, home to a number of retailers is less than three miles from the property. The local post office and pharmacy are also within easy reach and Nightingale Hospital is just over two miles away. Nearby transport links include strong road links with the A1231 easily accessible nearby, connecting directly to the motorway. There are also regular bus services in the area.

The property itself offers easily maintainable, substantial gardens to the front and rear with a driveway and garage.

Accommodation
Entrance Hall:
Lounge:

17ft6 x 10ft

Kitchen:

8ft10 x 7ft9

Bedroom one:

11ft9 x 9ft11

Bedroom two:

8ft10 x 7ft9

Bathroom:

8ft1 x 4ft8

Garage:

16ft x 9ft

Please Note

Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is also our partner agent in the sale, and will receive part of any Reservation Fee as commission. If you have any queries regarding this, please contact us for further information.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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 Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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