May Street, Bishop Auckland, County Durham, DL14
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- • For Sale by Modern Auction – T & C's apply• Subject to Reserve Price• Buyers fees apply• The Modern Method of Auction
Description
For sale by Modern Method of Auction. Auction End Date 28/3/24 at 1pm
Situated close to Bishop Auckland Town Centre this two bedroom traditional terrace home offers a great opportunity to a variety of buyers including the investor or the First Time Buyer.
In need of some works which we feel is generously reflected in the asking price the property has gas central heating and double glazing with accommodation briefly comprising of: entrance hall, lounge dining room with patio doors to rear, modern refitted kitchen and bathroom with two good sized bedrooms and an enclosed yard to rear.
For sale by the Modern Method Of Auction. For further details please visit
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be 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 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 The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: TBC
May Street, Bishop Auckland, County Durham, DL14
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bishop Auckland Station0.2 miles
- Shildon Station2.9 miles
- Newton Aycliffe Station4.8 miles
About the agent
Dowen, Durham
3B, Old Elvet, Durham City, DH1 3HL
We are about delivering a remarkable 5 STAR ESTATE AGENCY SERVICE via a team of amazing property experts - people who are truly passionate about what they do
Dowen Estate Agents was founded in 1982, by Denis Dowen
In 2020 the company was acquired by long term employee's John Nicholson and Trudie Bowes
Over the years the firm has continued to evolve and now has 8 branches along with bespoke Auction Stores, offering coverage of mid North East England from the coast to t
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 10414505. 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 Dowen, Durham. 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.
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 Dowen, Durham on 0191 625 0118.
*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.”
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