1 Old Elevet
Durham City
Durham
DH1 3HL
Laburnum Avenue, Durham City, Durham
Starting Bid £190,000 Sold (STC)
2 Bedroom House - Mid Terrace
- Two Bedroom Terrace Home
- Fabulous Potential
- Very Popular Location
- No Upper Chain
- Rear Garden Area
- Fantastic Rental Potential
- Close to University Buildings
- Early Viewing Advised
- Bid to Purchase
- Buyer Reservation Fees Apply
* Being Auctioned via the Great North Property Auction in connection with Robinsons * Start bids welcome from £190,000 * Buyers Premium applies please see full details for information *
No chain and occupying a position on popular Laburnum Avenue, within Durham City's highly sought-after Viaduct area, this traditional Victorian-style mid-terraced property presents an excellent opportunity for investors and owner-occupiers seeking a property with considerable potential in a prime city location.
Requiring refurbishment but offers excellent scope for improvement and value enhancement, with its traditional character, generous proportions and enviable location making it an attractive proposition for a variety of purchasers.
Retaining a number of period-style features, the accommodation comprises a welcoming entrance hallway, spacious reception rooms offering flexible living and dining arrangements, and a kitchen to the ground floor. To the first floor are two generously proportioned bedrooms and a bathroom accessed via one of the bedrooms. The existing layout offers potential for reconfiguration to suit individual requirements, subject to any necessary consents.
Externally, the property benefits from a rear yard/garden area, providing useful outdoor space with scope for further enhancement.
Laburnum Avenue enjoys an enviable position within easy reach of Durham City Centre, Durham University and Durham Railway Station, making it particularly appealing to homeowners and buy-to-let investors alike. The surrounding area offers an excellent selection of shops, cafés, restaurants, bars and everyday amenities, while convenient access to the A690 and A1(M) provides excellent connections throughout the wider North East.
Combining Victorian character, a highly desirable location and significant potential for improvement, this is a superb opportunity to acquire a property in one of Durham City's most established and sought-after residential areas.
Early viewing is strongly
Auction Notes
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 buyer 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.
Agents Notes
Council Tax: Durham County Council, Band C - Approx. £2331p.a
Tenure: Freehold
Property Construction – Standard
Gas Supply - Mains
Electricity supply – Mains
Water Supply – Mains
Sewerage – Mains
Heating – Gas Central Heating
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 – If there are any covenants which may affect the property, they would be within the Land Registry Title Register which is available for inspection via the Land Registry or your legal representative. We believe the property to be in a conservation area.
Probate – TBC
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. Check with seller.
Accessibility/Adaptations – None known
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.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com