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Victoria Terrace, Pelton, Chester Le Street, Durham, DH2

Guide Price
£148,500
Reeds Rains, Chester le Street
PROPERTY TYPE

Land

SIZE

Ask agent

Key features

  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction

Description

A rare development opportunity, this generous plot of land comes with planning permission for three detached, four bedroom homes, each set on a substantial individual plot.

Positioned to the rear of Victoria Terrace, the site enjoys a semirural feel on the outskirts of the well-regarded villages of Newfield and Pelton Fell, within easy reach of Chester-Le-Street, County Durham. The location offers an attractive balance of village living with convenient access to local amenities, schools, transport links, and wider regional centres.

With planning permission granted under reference DM/23/00859/FPA, the scheme represents an ideal project for a local builder or developer seeking a high quality residential development in a popular area. The sizeable plots and approved designs provide scope for desirable family homes in a strong and established market.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

CST260069/2

Brochures

Web Details

Victoria Terrace, Pelton, Chester Le Street, Durham, DH2

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chester-le-Street Station2.0 miles

About Reeds Rains, Chester le Street

Bridge End Chambers, Front Street, Chester Le Street, DH3 3QY
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Reeds Rains Estate and Lettings Agents in Chester-le-Street is fronted by Branch Manager Mark Arnold and ARLA qualified Lettings Manager Nicole Hughes. The branch has been servicing the community for many years. They have a loyal and long-standing team including Senior Negotiator Vicki Reynolds and Negotiator Janet Hutchinson who have both worked in the branch for 14 years.

The amount of repeat customers the Reeds Rains Chester-le-Street branch have is testament to their impeccable service and genuine love of selling and letting houses. They have a mix of properties suitable for families, young couples and professionals. The team pride themselves on being able to provide a full lettings service which gives peace of mind for both tenants and landlords alike. Often the team will work with investors and give guidance and advice on specific properties, and is locally trusted to manage a number of portfolios.

Chester-le-Street is a small market town in County Durham with schools and amenities close by. Just a short train journey will take you to neighbouring cities; Durham, Newcastle and Sunderland and Edinburgh is a couple of hours away.

A well-known point of interest is Lumley Castle, a 4 star hotel, which dates back to 1389. Home to the sophisticated Knights Restaurant and set in beautiful scenery, you can sample delicious food before wandering the hotel grounds. In the town centre you will find an array of independent coffee shops, bars and eateries, from Indian restaurants, pizzerias and steak houses. Whatever it is you fancy, head to Front Street and you will not be disappointed.

Emirates Riverside Cricket Ground has not only hosted several international matches but also concerts for the likes of Madness and even Tom Jones. Riverside Park hosts a weekly park run which is popular with children, teenagers, adults and seniors alike. In the warmer months why not make use of the free splash pad which is suitable for children of all ages. There is also a bowling club, riverside walks and open gardens to explore and enjoy. For any budding rowers out there, Chester-le-Street Amateur Rowing Club have the use of the River Wear and compete at national and international events. The club is coached by a dedicated team of volunteers and memberships are available for juniors as well as adults.

For all of your property needs and advice, head to the Chester-le-Street branch today.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference CST260069. 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, Chester le Street. 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 Reeds Rains, Chester le Street on 0191 625 0992.

*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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