DECEPTIVELY SPACIOUS terraced house located in the Dene area which is close to the memorial hospital, Cockerton village and the town centre. It provides generous family accommodation with three reception rooms to the ground floor and four bedrooms to the first floor. The kitchen has been recently refurbished and the property is available with no chain. An internal viewing is recommended to appreciate the space which briefly comprises: hallway, lounge, dining room, family/playroom, kitchen, four bedrooms to the first floor, bathroom/w.c., front forecourt and enclosed rear yard with decking.
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.
This property will be offered for sale at the Emirates Riverside Cricket Ground, Chester Le Street on Thursday 12th of April. Registration at 6:30pm with auction start at 7pm. If you have any questions or would like to arrange a viewing please call a member of the team on 0191 2390802.
The property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
Entrance Hallway - With a uPVC double glazed front door. Lounge - 13'6x12'3 - A generous principle reception room with a uPVC double glazed window to the front elevation, central heating radiator and corniced ceiling. Separate Dining Room - 12'7x12' - With a uPVC double glazed window, central heating radiator, corniced ceiling and dado rail. Family Room/Playroom - 13'9x9'5 - An extremely versatile reception room which could also be used as an office/study or even a ground floor bedroom. It has a uPVC double glazed window, wall mounted combination boiler (providing gas central heating and domestic hot water), useful under stairs storage cupboard and a uPVC double glazed door providing access to the rear yard. Kitchen - 13'9x7' - A well appointed kitchen which has recently been refurbished providing an excellent range of modern wall and base units with laminate top work surfaces, stainless steel sink unit with mixer tap, split level cooking facilities comprising of a gas hob, chrome chimney style cooker hood, electric oven, space for a fridge/freezer, plumbing for an automatic washing machine, uPVC double glazed window to the rear elevation and a pleasant open archway leading to the dining room. First Floor Landing - With a useful storage cupboard and hatch allowing loft access. Bedroom One - 12'9x11'6 - With a uPVC double glazed window to the rear elevation, central heating radiator and corniced ceiling. Bedroom Two - 12'5x10'4 - With a uPVC double glazed window to the front elevation and a central heating radiator. Bedroom Three - 8'9x6'9 - With a uPVC double glazed window to the front elevation and a central heating radiator. Bedroom Four - 9'9x7'7 - With a uPVC double glazed window to the rear elevation and a central heating radiator. Bathroom/W.C - Comprising of a well equipped white suite with panelled bath and overhead shower, pedestal wash hand basin, low level w.c. and part tiled walls, uPVC double glazed opaque window and central heating radiator. Externally - There is a gravelled forecourt to the front and enclosed courtyard to the rear which is low maintenance which has been gravelled and has a decking area to be enjoyed during those warmer months.
This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.
Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.
A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement In the 28 day period following the auction or the date of acceptance of the offer.
If the Buyer Information Pack has been produced and provided by IAM Sold any successful purchaser will be required to pay £200.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
For further information or to speak to one of our team, please call 0191 239 0802.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.