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128 Seventh Street, Horden, Peterlee, County Durham SR8 4JQ

Auction Event
 

Guide Price £28,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Tuesday 10th December 2024

10.00am
Key Features
  • Council Tax Band: A
  • Well presented two bedroomed mid-terraced property
  • uPVC double glazed and gas centrally heated living accommodation
  • Fitted dining kitchen with built-in-appliances
  • Potential BTL residential investment opportunity
  • Offered for sale with immediate vacant possession
  • Three piece bathroom suite in white
  • Situated within the context of an established residential location
  • EPC Rating: C
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Terraced House

Property Description:

A potential buy-to-let residential investment opportunity to acquire a well presented two bedroomed mid-terraced property, offered for sale with immediate vacant possession.

The auctioneers have not inspected the property and we are informed the accommodation has the benefit of being uPVC double glazed, gas centrally heated and in brief comprises of entrance lobby with staircase, front sitting room and dining fitted kitchen with built-in-appliances. To the first floor there are two bedrooms and a bathroom with three piece suite in white. Outside to the rear there is an enclosed two tiered low maintenance garden, ideal for entertaining.

The property is situated within the context of an established and strong letting location, always a popular choice with investors, landlords, locally and nationally.

Note

Please be advised that the auctioneers have not personally inspected the property. The images provided are from 2018. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Flood Risk

Surface Water - Very Low

Building Construction

Cavity wall, filled cavity - Information taken from EPC.

Broadband (estimated speeds)

Standard 19 mbps, Superfast 64 mbps and Ultrafast 9000 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky, Virgin and BT show as available in this location.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply


Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

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

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 (and any applicable Home Report for residential Scottish properties).


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.