11 Cheapside
Spennymoor
DL16 6QE
For sale by modern auction, starting price £65,000 plus reservation fee.
Enjoying a pleasant position on the outskirts of this established residential development, we are delighted to offer for sale this competitively priced two-bedroom semi-detached home. Requiring a degree of modernisation and updating throughout, the property presents an excellent opportunity for a first-time buyer looking to create their ideal home or a buy-to-let investor seeking a well-located addition to their portfolio. Offered to the market with no onward chain, this property represents fantastic potential and value.
Situated within approximately a ten-minute walk of Spennymoor Town Centre, local shops, schools and amenities, the property is also ideally located for commuters travelling to Durham City Centre, Darlington and Teesside, with the A1(M) and A19 providing excellent road links throughout the region.
The floorplan briefly comprises: Entrance Hall, Lounge, Kitchen/Dining Room and Rear Lobby. To the first floor are two generous double Bedrooms and a Family Bathroom.
Externally, the property benefits from a garden and off-road parking to the front, whilst to the rear there is a good-sized enclosed garden enjoying a pleasant outlook over woodland.
Properties offering such potential in this popular location rarely remain on the market for long, therefore early viewing is highly recommended to avoid disappointment.
EPC Rating: TBC
Council Tax Band: A
This property is for sale by The Great North Property Auction powered by iam-sold Ltd.
* For Sale by Auction – T & C’s apply * Subject to an undisclosed Reserve Price
* Reservation Fees Applicable * The Modern Method of Auction
Stairs to first floor.
3.66m x 4.09m max points (12'0 x 13'5 max points)Upvc window, radiator.
5.11m x 2.79m (16'9 x 9'2 )Base units, integrated oven, hob, stainless steel sink with mixer tap and drainer, plumbed for washing machine, Upvc window, radiator.
Access to rear.
Loft access, storage cupboard.
5.08m x 2.82m (16'8 x 9'3 )Upvc windows, radiator.
3.20m x 2.90m (10'6 x 9'6)Upvc window, radiator.
Panelled bath with shower over, wash hand basin, W/C, chrome towel radiator, Upvc window.
To the front elevation is a easy to maintain garden and driveway, while to the rear there is a good sized enclosed patio/ garden.
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).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
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.
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.
Council Tax: Durham County Council, tax band - A
Tenure: Freehold
Property Construction – Standard
Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only
Electricity supply – Mains
Water Supply – Mains
Sewerage – Mains
Heating – Gas
Estimated Mobile phone coverage – Please refer to the Ofcom Website - https://www.ofcom.org.uk
Estimated Broadband Download speeds – please refer to the Ofcom Website – https://www.ofcom.org.uk
Building Safety – The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – covenants which affect the property are within the Land Registry Title Register which is available for inspection.
Selective licencing area – no
Probate – no
Rights & Easements – None known
Flood risk – refer to the Gov website - https://www.gov.uk/check-long-term-flood-risk
Coastal Erosion – refer to the Gov website - https://www.gov.uk/check-coastal-erosion-management-in-your-area
Protected Trees – None known
Planning Permission – Nothing in the local area to affect this property that we are aware of. Accessibility/Adaptations – stair access only, no lift
Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments. Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted. These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £60 (inc. VAT) per individual purchaser applies for carrying out these checks.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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