Cochrane Terrace, Willington, Crook, DL15

FOR SALE BY TRADITIONAL AUCTION

Larger than average 4 bedroomed terraced property. Formally two separate dwellings which were converted and linked together, this property offers sizeable living accommodation throughout and would make an IDEAL HMO PROJECT as it benefits from individual plumbing in each of the bedrooms.

The property benefits from gas central heating and double glazing. To the front there are two reception rooms and to the rear a large kitchen/diner and a downstairs w/c. To the first floor there are four bedrooms and a family bathroom/wc. There is a forecourt garden to the front and a spacious yard to the rear. Located in Willington, Crook, this property is in handy commutable distance of Durham City and also benefits from access to many local amenities, shops and schooling in the village itself.

This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.
On exchange of contracts, the buyer is required to make a payment of a 10% deposit, sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.80% of the final agreed sale price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the agreed purchase price and is considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the iamsold will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.