Front Street, Bishop Auckland, DL149HW

Starting Price* £238,000
Time Left 39d 03h 40m 15s

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  • Overview
  • Particulars
  • Request Details
  • Agent Details
  • Fees & Charges Explained

Property Overview

It was converted to three apartments before change of use as a successful B&B since 2001.

It would do well continuing to offer accommodation as it is only three miles from Kynren which draws 100,000 visitors a year and from the Auckland Project which should attract up to 500,000 when completed in the coming year.

It offers 5/6 bedrooms, ideal for three generations or a growing family.

The large walled garden has numerous outhouses suitable for a business.

Starting Bid and Reserve Price

*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.

Auctioneer's Comments

This 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 buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer's solicitor, the buyer has 56 DAYS in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts 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 make payment of:

  • A non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT - this is subject to a minimum of £6,000.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price.
  • A non-refundable Buyer Information Pack fee of £200.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase.
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 for this must be sought from your legal representative.The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded 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 the Great North Property Auction powered by IAM Sold.

Energy Performance Certificate (EPCs)

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.

Property Particulars

Reception Lobby With period entrance door with fanlight above, coved ceiling and doors to Lounge and Sitting Room. Lounge 17' 03'' x 15' 04'' With double glazed bay window to front, central heating radiator, laminate flooring, three picture lights, coved ceiling, two ornate ceiling roses, dado, internal stained glass window, glazed double doors and step up into Dining Room. Dining Room 19' 00'' x 10' 02'' With two central heating radiators, coved ceiling, dado, two picture lights, internal stained glass window, door to hallway leading to staircase rising to first floor. Step up and glazed double doors to Bar/Reception Area. Bar/Reception Area 14' 02'' x 9' 06'' A versatile space, easily utilised as a Games Room (dart board already in situ), bar or snug. Ceramic tiled flooring, dado, coved ceiling and doors to inner hallway and to Breakfast Kitchen. Kitchen/Breakfast Room 16' 05'' x 14' 05'' A superb, large yet cosy Farmhouse-style kitchen, with a living flame effect gas stove in timber fire surround as its focal point. Fitted with an extensive range of base, drawer and wall units, round edged working surfaces, inset stainless steel sink unit. Built in stainless steel double oven, hob and hood. Space and plumbing for dishwasher, fridge space, ceramic tiled flooring, coved ceiling, two ornate ceiling roses, uPVC double glazed window to side and glazed double doors to Sun Lounge. Sun Room 15' 01'' x 8' 04'' Of dwarf wall construction, with hardwood double glazed windows and stable-style door to rear garden. Feature beamed ceiling. Inner Hall With door to side. Utility Fitted with base and wall units, inset one and a half bowl stainless steel sink unit with tiled splashback, space and plumbing for automatic washing machine and tumble dryer. Wall mounted gas central heating boiler which heats the domestic hot water. Obscure uPVC double glazed window to side. WC With a white wc and pedestal wash hand basin and extractor fan. Leisure Room 9' 08'' x 8' 11'' With uPVC double glazed window to side and rear, central heating radiator, built in storage cupboard housing wall mounted gas central heating boiler. Cubicle with electric shower. Sauna available by separate negotiation. Sitting Room/Bedroom 5 16' 00'' x 13' 06'' Another principal reception room, with double glazed bay window to front, central heating radiator, dado, coved ceiling, understairs cupboard, feature fire surround and door to front lobby. First Floor Landing with obscure uPVC double glazed window to rear. Shower Room Fitted with a white suite comprising wc, pedestal wash hand basin and double cubicle with electric shower. Central heating radiator, wood flooring, part ceramic tiled walls, recessed ceiling lights, coved ceiling and uPVC double glazed window to side. Bedroom 1 11' 09'' x 11' 01'' An excellent double bedroom with uPVC double glazed window to rear, central heating radiator and a large walk-in wardrobe which could potentially be converted into an en-suite. Bedroom 2 14' 04'' x 10' 02'' Another double bedroom with uPVC double glazed window to front and central heating radiator. Bedroom 3 11' 02'' x 9' 00'' A further double bedroom with uPVC double glazed window to rear and central heating radiator. Bedroom 4 11' 08'' x 10' 00'' A double bedroom with uPVC double glazed window to front and central heating radiator. Shower Room/WC 2 Fitted with a white suite comprising wc, pedestal wash hand basin and double cubicle with electric shower. Central heating radiator, part timber panelled walls and extractor fan Loft Room 1 16' 03'' x 14' 01'' With uPVC double glazed window to front, and uPVC double glazed dormer window to rear, feature exposed ceiling beam, central heating radiator, hatch access to loft and through to Attic Room 2. Loft Room 2 16' 06'' x 14' 02'' With uPVC double glazed window to front, and uPVC double glazed dormer window to rear, two central heating radiators, built in storage cupboard housing wall mounted gas central heating boiler. Hatch access to loft, stairs to storage area. Externally To the front of the property, which overlooks the village green, is a wide block paved area providing off road parking for four cars. A gated passageway leads to the delightful rear garden. Of a very generous size, secluded and enclosed by a Grade II Listed stone wall. There is courtyard area immediately adjacent to the property with a very useful timber store shed with power and light. A path through a pretty pergola splits lawned gardens to either side with an abundance of plants and shrubs, there is a vegetable garden and a greenhouse. To the top of the garden is a Mediterranean-style BBQ area with vines growing up a Garage/Workshop (currently no vehicular access) which has power and light. A set of large wooden double gates at the bottom of the garden allow access via the Manor House to a large area of off road parking which would provide ample hardstanding for a caravan or boat etc.

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Dowen Estate Agency

Local Branch: 119 Newgate Street, Bishop Auckland, DL14 7EN
Head Office: 6 Jubilee House, Hartlepool, TS26 9EN

Fees & Charges Explained

Front Street, Bishop Auckland, DL149HW

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.

Buyers Information Pack

If the Buyer Information Pack 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.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Need More Information?

For further information or to speak to one of our team, please call 0191 239 0802.

Disclaimer

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.

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