Front Street, Bishop Auckland (Freehold Property)

Sale Price: £49,000.00

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  • Overview
  • Particulars
  • Agent Details
  • Fees & Charges Explained

Property Overview

A traditional one bedroom semi detached property set within a pleasant dales location and ideal for those seeking a second home or investment opportunity.

6 Front Street is a charming stone built semi detached property situated in a village location enjoying views over the surrounding countryside. The property benefits from many retained original features throughout and would ideally be suited to someone seeking a holiday let or second home.

The main entrance leads into the reception vestibule which features an exposed stone wall, beams to the ceiling and is ideal for the storage of coats and shoes. To the right hand side lies the living room which is of generous proportion and features exposed beams to the ceiling. Benefitting from a multi fuel stove set within an impressive, stone inglenook with a stone hearth, this pleasant room also features space for a dining table and an under stair storage cupboard, along with a wooden single glazed window which faces the front aspect of the property.

Leading from the living room is the kitchen which is fitted with a range of base units topped with marble effect working surfaces which incorporate a stainless steel sink with mixer tap. Tiled to splashback level, there is also space for a freestanding under counter fridge, whilst integral appliances include an electric four ring hob and electric oven. There is a single glazed window which faces the side elevation. Leading from the kitchen through a traditional wooden door is the downstairs shower room. This room comprises of a low level WC, a wall hung wash hand basin and shower cubicle which is tiled to splash back and benefits from an electric shower.

Returning to the reception vestibule, stairs rise to first floor accommodation where the exposed stone walls continue. The master bedroom is a good sized double which benefits from beams to the ceiling, whilst there is a single glazed window facing the front aspect which enjoys views over the open countryside. This pleasant room has a feature fireplace which has a stone surround and a wood mantel over, along with a hatch which allows access to the loft space.

Rookhope is set within the valley of Weardale and is home to a small rural community. The village includes a popular, traditionally run public house, primary school, and a small village store whilst further facilities are found close by in the town of Stanhope

Benefitting from a tranquil, relaxed, rural location with numerous outdoor pursuits readily on hand and the fantastic backdrop of the surrounding moorland, together with the dynamic city attractions of Durham being within a short travelling distance, the location is ideal for a variety of purchasers. International Airports at both Newcastle and Durham Tees Valley offer both national and international travel and are both accessible within one hour’s drive. Mainline railway links are also available within a short travelling distance meaning that the village is suitably located for travel to the larger business centres of the region.

Starting Bid and Reserve Price

*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 reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property will be offered for sale at the Emirates Riverside Cricket Ground, Chester Le Street on Thursday 25th of July. Registration at 6:30pm with auction start at 7pm. If you have any questions or would like to arrange a viewing please call a member of the team on 0191 2390802

The 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. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of:

  • A non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT - this is subject to a minimum of £6,000.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price.
  • A non-refundable Buyer Information Pack fee of £200.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase.
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 for this must be sought from your legal representative.The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded from the auction section of our 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 reserve price can be subject to change.Terms and conditions apply to the Modern Method of Auction, which is operated by the Great North Property Auction powered by IAM Sold.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Please contact us for more information about this property.

George F White

Local Branch: 8 Front Street, County Durham, DL13 3AA
Head Office: 4-6 Market Street, Northumberland, NE66 1TL
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E: -

Fees & Charges Explained

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement In the 28 day period following the auction or the date of acceptance of the offer.

Buyers Information Pack

If the Buyer Information Pack has been produced and provided by IAM Sold any successful purchaser will be required to pay £220.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Need More Information?

For further information or to speak to one of our team, please call 0191 239 0802.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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