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4 Norton Avenue, Bowburn, Durham, County Durham DH6 5AH

Lot no: 44 Sold at Auction for £40,000
 

Guide Price £36,000+ plus fees

Unconditional with Fixed FeeOn 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 26th July 2018

11.30am
Key Features
  • Three bedroomed mid-terraced house
  • Double glazed and partial central heating
  • Requires some updating
  • Excellent potential
  • EPC Rating: D
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Sold at Auction for £40,000

Terraced House

Property Description:

Requiring some updating, the property has accommodation comprising entrance lobby, lounge, open plan kitchen/diner, rear lobby and bathroom. To the first floor there are three bedrooms. Externally there is a garden to the front and a yard to the rear.

There are a range of local shops and amenities available within Bowburn as well as nearby Coxhoe, with a more comprehensive range of shopping and recreational facilities and amenities available within Durham City Centre which lies approximately 3 miles distant. Bowburn is well placed for commuting purposes as it lies a short drive from the A1 (M) Motorway Interchange which provides good road links to other regional centres.

Entrance Hallway

With stairs to first floor.

Lounge 16'2" x 10'5" (4.93m x 3.18m)

Having double glazed bay window to front, night storage heater, electric fire.

Open Plan Kitchen/Diner 19'2" (5.84m) x 11'9" (3.58m) maximum measurements

With double glazed windows to side and rear, kitchen area fitted with a range of floor and wall units with inset one and a half bowl sink drainer unit, electric cooker point, plumbing and space for washing machine, breakfast bar.

Rear Lobby

With door to rear yard, storage cupboard.

Bathroom 8'3" x 5'7" (2.51m x 1.7m)

Having frosted double glazed window to side, suite comprising low level wc, pedestal wash hand basin, panelled bath with electric wall mounted shower over.

First Floor Landing

Having double glazed window to rear, access into loft space.

Bedroom One 11'7" x 10' (3.53m x 3.05m)

Having double glazed bay window to front, night storage heater.

Bedroom Two 13'2" x 7' (4.01m x 2.13m)

Having double glazed window to rear, night storage heater, cupboard housing hot water tank.

Bedroom Three 7'2" x 6'10" (2.18m x 2.08m)

Having double glazed window to front.

Externally

There is a small lawned garden to the front and a yard to the rear with a storage shed.

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 Fixed Fee.

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 auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s 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
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.