2 bedroom semi-detached bungalow for saleMoorland Crescent, Bedlington, NE22
- Guide Price £23000
- 2 Bed Semi Detached Bungalow
- Epc Rating E
- In Need Of Full Refurbishment
- Short Lease - 17 Years Remaining
- Investment Potential
FOR SALE BY CONDITIONAL AUCTION, STARTING BID : £23,000 + RESERVATION FEE
**THIS PROPERTY IS FOR SALE BY THE MODERN METHOD OF AUCTION ON WEDNESDAY 7TH DECEMBER AT THE RAMSIDE HALL HOTEL, DURHAM, DH1 1TD REGISTRATION IS AT 6:30PM, AUCTION COMMENCES 7:00PM. FOR FURTHER INFORMATION PLEASE CONTACT THE AUCTION TEAM ON 0191 2390802**
Situated on Moorland Crescent, this extended two bedroom semi detached bungalow presents an ideal investment opportunity. In need of refurbishment the bungalow is priced accordingly and represents excellent value. Briefly comprising; entrance hall, lounge and open plan extended kitchen, two bedrooms and bathroom/WC. There are gardens to the front and rear. Double glazing and gas central heating. Epc rating E. To arrange a viewing call REEDS RAINS on 01670 739030.
UPVC entrance door. Doors lead to the lounge, two bedrooms and bathroom/WC.
Lounge 13' 11" x 10' 9" (4.24m x 3.28m )
To the rear of the property and open plan with the extended kitchen.
Extended Kitchen 13' 11" x 17' 9" (4.24m x 5.41m )
To the rear of the property with a range of wall and base units. Double glazed windows to the side and rear. Door to the rear leading to the rear garden.
Bedroom 1 13' 7" x 9' 5" (4.14m x 2.87m )
Double glazed window to the front. Radiator
Bedroom 2 10' 5" x 10' 4" (3.18m x 3.15m )
Double glazed window to the front. Radiator.
Bathroom / WC 10' 6" x 5' 8" (3.2m x 1.73m )
Fitted with a white suite comprising; panelled bath, low level WC and wash basin. Double glazed frosted window to the rear.
A separate garage to the rear of the garden in a poor state of repair.
There are gardens to the front and rear and a lengthy driveway for off street parking.
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. Upon close of a successful auction or if the vendor accepts an offer during the auction, there is no fee taken by the auctioneer howver the buyer will be required to put down aw non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) 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. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of out 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 the reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is opertated by Reeds Rains powered by iam-sold Ltd.
As of November 2016 the cost to buy the freehold has been quoted at £20,200.
IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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Disclaimer - Property reference 200839273. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains , Cramlington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Reeds Rains , Cramlington on 01670 739030.
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