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Presented by : Dowen Spennymoor : To View, Telephone 01388 819900
Offers Over £149,950 NORTH ROAD, SPENNYMOOR, COUNTY DURHAM, DL16 DL16 6EW Under Offer
3 Bedroom Semi-Detached
<p>ONLINE AUCTION ENDS THURSDAY 20th NOVEMBER @ 1pm. An excellent opportunity to acquire a three-bedroom semi-detached property situated on a large plot with substantial land to the side and rear. The land offers exciting potential for development, by extending the existing property or by constructing a new dwelling, either to the side or on the additional land to the rear (subject to the necessary planning permissions).&nbsp;<span style="font-size: 0.875rem; letter-spacing: 0.01em;">The property itself requires updating but provides a generous floor area of approximately 100 square metres. The ground floor comprises an entrance hall, lounge, dining room and kitchen, while the first floor includes a landing, three bedrooms and a bathroom.&nbsp;</span><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Externally, the property boasts the extensive gardens to both the rear and side, providing ample outdoor space as well as the potential for future development. There is also the added advantage of a driveway and detached garage offering off-street parking.&nbsp;</span><span style="font-size: 0.875rem; letter-spacing: 0.01em;">All in all, this is an excellent development or investment opportunity located less than one mile from Spennymoor Town Centre and approximately five miles from both Durham City and the A1(M). Viewing is considered essential.</span></p><p><br></p><p><br></p>This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). <p><br></p><p><br></p>If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. <p><br></p><p><br></p>A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. <p><br></p><p><br></p>The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. <p><br></p><p><br></p>Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.<p><br></p><p><br></p>This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). <p><br></p><p><br></p>If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. <p><br></p><p><br></p>A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. <p><br></p><p><br></p>The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. <p><br></p><p><br></p>Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Entrance Hall 5
Lounge 5
Dining Room 5
Kitchen 5
Kitchen 5
Bedroom One 5
Bedroom Two 5
Bedroom Three 5
Bathroom 5
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.