Grieves Buildings, New Herrington, Houghton Le Spring
- PROPERTY TYPE
House
- BEDROOMS
7
- BATHROOMS
3
- SIZE
Ask agent
- 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
- Good investment Opportunity
- A2/ E/ B2
- In excess of 5000 Sq/Ft
- Vacant possession
- Potential STP for Residential development
- Access to the rear.
- Viewing strictly by appointment
- FOR SALE BY MODERN AUCTION
Description
This mixed-use building seamlessly integrating residential and ground floor spaces. Located in a thriving urban area, the ground floor features units with large ideal for various uses. The ground floor spaces are designed for flexibility, catering to various business needs, and ensuring high foot traffic from both residents and the surrounding community.
The upper floors house a combination of (unfinished) apartments.
There is significant potential for further development, subject to planning regulations. The building's roof could be converted into additional residential units providing added value.
Additionally, the parking area at the rear of the property offers scope for expansion or the introduction of additional amenities, such as storage units or recreational facilities. The location and current design make this property a prime candidate for investors looking to capitalize on future development opportunities.
Please Note: Council tax band A. Freehold basis.
Auctioneer Comments
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 buyer’s solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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.
Brochures
Grieves Buildings, New Herrington, Houghton Le Spr- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Grieves Buildings, New Herrington, Houghton Le Spring
Add your favourite places to see how long it takes you to get there.
__mins driving to your place
About Smith & Friends Estate Agents, Darlington
7, Duke Street, Darlington, DL3 7RX
Smith & Friends Estate Agents, formerly Robinsons Tees Valley are a highly reputable firm of independent residential estate agents which has established its position as one of the leading estate agents in the Tees Valley with 5 offices based in Darlington, Stockton, Middlesbrough, Ingleby Barwick & Hartlepool.
We provide a wealth of knowledge in all property matters covering sales, lettings, property management, auctions, EPCs, conveyancing, mortgages and they pride themselves in going that extra mile.
We hope you enjoy browsing some recent properties SOLD. Discover more about our property services and what we can do for you.
DARLINGTON OFFICESmith & Friends Estate Agents have successfully been one of the most trusted and prominent Estate Agents in the Darlington area. The branch which is situated in Duke Street, considered to be the best location for property transactions has been recently refurbished to a modern and high standard. The window display features a state of the art illumination of individual properties, which is both attractive and pleasing to the eye.
We believe our comprehensive, yet competitive, marketing package is second to none. The office is open 6 days per week, Monday to Friday 9am - 5pm, Saturday 9am - 4pm.
LOCAL INFORMATION
Darlington is famous for its affiliation with the beginning of British Railways, celebrated within the Darlington Railway Centre & Museum. The world's first passenger rail journey took place in 1825 on the Stockton and Darlington Railway and later Darlington developed as an important railway town, with three large locomotive works.
The local paper, The Northern Echo, was launched in 1870 and is a popular newspaper for most residents of the North East, with both national and international news. One of Darlington's best-known landmarks is the magnificent Market Square Clock Tower, completed in 1864.
With a contemporary shopping centre, Darlington is known as one of the most active shopping locations in the North East, with a special blend of high street shops, Victorian indoor market and Traditional outdoor market.
The culture of Darlington is rich, with the recently restored Civic Theatre, now named 'Darlington Hippodrome' acting as a trendy venue for the popular arts, hosting a range of musical, drama and pantomime events.
Anyone looking to sell or let their property will receive a free market appraisal and they will benefit from the service of our professional valuers who provide the most accurate valuations on properties to support a successful sale. As a leading estate agent in the region Smith & Friends Estate Agents have extensive knowledge of the sales and lettings market. They are a leading in Teesside, Darlington & Hartlepool.
Smith & Friends Estate Agents adopt working practices tailored to suit client needs which embrace modern working methods allowing us to operate not only from the office but remote working is possible via the software we use and telephone system.
To emphasise their commitment to the highest standards of industry practice Robinsons Tees Valley are members of the National Association of Estate Agents (NAEA) and Association of Residential Letting Agents (ARLA), members of the Property Redress Scheme (PRS) and all our managed property deposits are registered via The Dispute Service (TDS)
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 33312073. 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 Smith & Friends Estate Agents, Darlington. 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 Smith & Friends Estate Agents, Darlington on 01325 521865.
*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.
Map data ©OpenStreetMap contributors.