Presented by : Dowen Sedgefield : To View, Telephone 01740 623999
£50,000
HIGH STREET, WEST CORNFORTH, FERRYHILL, COUNTY DURHAM, DL17 DL17 9HN
Under Offer
3 Bedroom Terraced
3 Bedroom Terraced
<p>***EXCELLENT INVESTMENT OPPORTUNITY BEING SOLD VIA AUCTION*** ***THREE BEDROOM HOUSE WITH SHOP*** ***POTENTIAL RENTAL INCOME OF 800PCM*** ***RESERVATION FEE APPLIES*** Presenting a unique investment opportunity, this spacious three-bedroom house, being sold with an accompanying shop, is set to go under the hammer via auction. With its combined residential and commercial potential, this property offers versatility and promise for investors seeking multiple income streams. Boasting ample living space and three well-appointed bedrooms, the house provides comfortable accommodation for residents or tenants. The inclusion of a shop further enhances its investment appeal, offering the potential for retail or business endeavours. Don't miss out on this excellent opportunity to acquire a property with dual usage, making it a lucrative investment choice at auction. Viewing a must!</p>
Agents Note
5
Auctioneer CommentsThis 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 4.2% 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 Buye
WE CANNOT VERIFY THE CONDITIONS OF ANY SERVICES, FIXTURES, FITTINGS ETC AS NONE WERE CHECKED. ALL MEASUREMENTS APPROXIMATE.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON ANY MORTGAGE OR LOAN SECURED ON IT.
These are draft particulars awaiting vendors approval. They are relased on the understanding that the information contained may not be accurate.