Terraced House
Property Description:
A vacant mid-terraced property in need of a refurbishment.
Comprising, lounge, kitchen to the ground floor, and three bedrooms and bathroom to the first floor. Externally there is a rear yard.
Located within easy access to Horden Train Station and with close proximity to Peterlee Town Centre and the A19 trunk road.
Accommodation:
Lounge
Kitchen
Three Bedrooms
Bathroom
Please Note:
We have been informed by the seller there has been a fire in the property which has caused smoke damage.
Note:
Please be advised the auctioneers have not personally inspected the property.
Prospective buyers are advised to make necessary independent enquiries before placing their bid, as this will be binding.
Draft Sales Details
These sales details are awaiting vendor approval.
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.
