£59,950+ (Guide price)
Kinross Drive, East Stanley
£40,000+1 Bedrooms •1 Bathrooms •1 Receptions
Legal packs are provided only under Option 1 auction properties where you exchange contracts on the fall of the gavel. This property is offered for sale under Option 2 terms whereby the buyer places a £3000 deposit (that comes off the purchase price) and the £750 + VAT administration fee. Contract papers are then sent to the buyers solicitor allowing 28 days to exchange contracts and a further 14 days to complete.
Ideally suited to investment purchasers or first time buyers. A one bedroom first floor flat situated on the popular Burnside Estate in East Stanley.
The property is available with immediate vacant possession and has the benefit of gas central heating and double glazing. Offers accommodation which comprises: entrance lobby, lounge, a kitchen, bedroom and bathroom/W.C. Externally there is a small garden. The flat has a current ground rent of £200 per year. East Stanley is situated just off the A693 highway which provides easy access to Stanley, Chester le Street (the A1M), Consett.
Property details provided by JW Wood
EPC rating: C
For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 28 January 2021 OPTION 2
Stairs to first floor.
Fitted with floor and wall units with worktop, sink unit and single radiator.
The Agents Property Auction have not inspected this property. The property details have been supplied by JWW . None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £1000+vat (total £1200) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
The vendor has verbally advised that the ground rent is £200 per year.
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£179,950+ (Guide price)
8 Bedrooms •7 Bathrooms •2 Receptions