Terraced House
A three bedroom, mid-terrace property in Horden. Currently let producing £5,400 per annum.
A three bedroom property situated within a residential area of Horden, Peterlee. All necessary amenities and services are nearby including shops, schools and transport links. There are a number of sports and leisure facilities in the area and plenty of outdoor spaces to enjoy. Transport links include regular bus services, convenient road links and train services operate from Horden Station, just over half a mile from the property.
The property is currently let and is producing £5,400 per annum.
Cavity wall, as built, no insulation (assumed).
On street parking.
Mains.
Mains.
Mains (gas).
TBC
Standard - 13 mbps, Superfast - 80 mbps, Ultrafast - 9000 mbps available.
O2, EE, Three, Vodafone available.
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.
We have been advised by the seller that part of the roofing is flat and has a leak which needs some attention. There are also some cracked tiles in the flooring of the kitchen. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Freehold. Subject to tenancy.
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 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.
