Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £72,000.

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties


AUCTION!

Attention First Time Buyers!

Two bedroom terraced property with open plan lounge/diner and kitchen, perfect for entertaining.

The property is located in the small village of Leadgate with close proximity to local shops and transport links.

Accomodation comprises of entrance porch leading to hallway which provides access to the open plan lounge/diner and kitchen with dual aspect that floods this room with natural light and creates a perfect space for entertaining. The kitchen includes a freestanding electric oven and hob, a small utility to the rear provides plumbing for washing machine.

To the first floor there is a spacious master bedroom with fitted wardrobes and large storage cupboard that is home to the gas boiler, second bedroom and modern bathroom with shower over bath.

Externally the property is accessed via a pedestrian gate and has a small front garden, to the rear there is a private courtyard with double gates that provide access for off-street parking and a small shed for outdoor storage.

This would make a perfect first time buy or a Buy to Let Investment. The property has previously been rented and achieved £575pcm.

Leadgate is a small village set within the larger town of Consett and has a selection of local stores. Consett town offers many amenities including supermarkets, doctor surgery, cafes, restaurants/bars, sports facilities and a fantastic range of schools from Nursery to Senior education as well as a bus station with great transport links to Newcastle and Durham which are both approximately fourteen miles.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.



Council Tax Band: A
Tenure: Freehold