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The Old Brewery, Durham Road, Houghton le Spring, Tyne and Wear, DH4 4DH

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • FOR SALE BY AUCTION - OPTION 2
  • Top Floor Location with Lift
  • Allocated Parking Bay In Gated Carpark
  • 2 Double Bedrooms
  • Town Centre Location
  • No Onward Chain
  • Tenure - Leasehold (73 years Remaining)
  • EPC Rating - C
  • Spacious Duplex Apartment

Description

For sale by auction via Agents Property Auction online auction at agentspropertyauction.com under Option 2.

Introducing this generously proportioned 2-bedroom, 1-bathroom apartment situated in the heart of Houghton le Spring's town centre. Boasting a sought-after top-floor position with lift access and an allocated parking bay in a secure, gated carpark, this property is ideal for those seeking both comfort and convenience.

Upon entering this delightful apartment, you are welcomed by a bright and spacious hallway, setting the tone of the entire residence.

The open-plan living and dining area is the heart of the home. Providing ample space for relaxation and entertainment. The stylish design lends itself effortlessly to different furniture configurations, allowing you to personalise the space according to your preference.

The apartment's separate kitchen is well-equipped, ensuring that culinary enthusiasts can effortlessly whip up their favourite dishes. The ample countertop space and storage options make it a practical and functional area, perfect for daily meal preparation or hosting dinner parties with friends and family. You also find the bathroom on this floor adding convenience with the WC on the same floor as the living spaces.

Take the opportunity to retreat to the upper level, where you will find the apartment's two double bedrooms. The neutral colour palette allows for versatility when it comes to decorating and furnishing these rooms, giving you the freedom to curate your personal sanctuary.

Situated in the town center, this apartment offers the ultimate convenience in terms of access to local amenities, shopping centers, and dining options. With everything just a stone's throw away, embrace a hassle-free lifestyle filled with ease and comfort.

Additionally, the allocated parking bay in the secure, gated carpark provides peace of mind knowing that you always have a convenient space available, eliminating the stress of finding parking in busy areas.

The absence of an onward chain further simplifies the buying process, ensuring a seamless transition into your new home. This property is ready for you to move in with ease and add your personal touch to transform it into the perfect haven.

Communal Entrance with Lift/Stair Access
Apartment Hall
Living Room (3.90m x 4.90m)
Kitchen (3.20m x 2.90m)
Bathroom (2.40m x 1.40m)
Landing
Bedroom 1 (3.90m x 3.50m)
Bedroom 2 (3.50m x 2.70m)

MATERIAL INFORMATION
The following information should be read and considered by any potential buyers prior to making a transactional decision:

DISCLAIMER
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee.

DISCLAIMER
A copy of the title is available upon request via Agents Property Auction, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

SERVICES
We are advised by the seller that the property has mains provided gas, electricity, water and drainage.

WATER METER - Yes

PARKING ARRANGEMENTS - Allocated Parking

BROADBAND SPEED
The maximum speed for broadband in this area is shown by imputing the postcode at the following link here >

ELECTRIC CAR CHARGER - No

MOBILE PHONE SIGNAL
No known issues at the property

FLOOD RISK RATING
Please check the online flood risk checker at the following link here >

NORTHEAST OF ENGLAND - EX MINING AREA
We operate in an ex-mining area. This property may have been built on or near an ex-mining site. Further information can/will be clarified by the solicitors prior to completion.

LEASEHOLD INFORMATION
  • Start date of lease - 02/03/2000
  • Years remaining on lease - 73
  • Current ground rent per annum - £50.00
  • Property Manager - Liv Group, Whitehall Waterfront, 2 Riverside Way, Leeds LS1 4EH
  • Service charge - £372.50 per quarter
  • Covered - maintenance of all communal areas internal and external
  • Outstanding/unpaid charges - No
  • Freeholders - Britesplit Ltd., Suite 1 Leavesden Park, 5 Hercules Way, Watford WD25 7GS
  • Managing Agents of freeholder - RCP Property Management Ltd., Newbury House, Aintree Avenue, Whitehorse Business Park, Trowbridge BA14 0XB

The information above has been provided by the seller and has not yet been verified at this point of producing this material. There may be more information related to the sale of this property that can be made available to any potential buyer.
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
Communal garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Old Brewery, Durham Road, Houghton le Spring, Tyne and Wear, DH4 4DH

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About Kimmitt and Roberts, Houghton Le Spring

Imperial Buildings 1 Church Street Houghton Le Spring DH4 4DJ
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Kimmitt & Roberts are a well-established, award-winning estate agency operating mainly across Tyne and Wear and East Durham as well as boasting over 30 years of property SUCCESS. Although the company's founders have retired, their sons, Dave and Jonny, have stepped into the directorship roles. Both are local to the area and bring a strong passion for property and entrepreneurship. They manage the business alongside two experienced managers. Our Houghton-le-Spring team is made up of Branch Manager, Tracy Walker, ably assisted by Jennifer Elliott, Ashleigh Tindale and Laurie Hamilton.

Affordability

Monthly repayments£297
Property: £ 65,000
Deposit: £ 6,500
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference KMM_HGH_LFSYCL_723_908311415. 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 Kimmitt and Roberts, Houghton Le Spring. 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 Kimmitt and Roberts, Houghton Le Spring on 0191 584 8080.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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