UNIQUE OPPORTUNITY TO PURCHASE A TERRACED HOME DIVIDED INTO TWO ONE BEDROOM FLATS

We are pleased to bring to your attention this unique opportunity to purchase a terraced home divided into two one bedroom flats for sale in Bishop Auckland. Both flats each has one bedroom, two receptions, a kitchen, and a bathroom, and are in good condition. Both properties are currently tenanted to long standing tenants. The pair of flats is being sold with tenants in situ who currently pay a total rental income of £8,520 per annum. To the rear there is a yard which is shared between the to flats which allows access onto the back lane. We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (11th February), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 28days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on 01642 931060. Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms, documentation and completed ID checks have been received at teesvalley@auctionhouse.co.uk. for any further assistance, please do not hesitate to contact us in the office.

Tenure

Freehold

5A – Ground Floor Flat

Living Room 4.67 x 4.17 Sitting Room 4.20 x 2.68 Kitchen 4.22 x 2.67 Bedroom 3.31 x 3.11 Bathroom 2.31 x 1.84

5B – First Floor Flat

Living Room 4.80 x 4.00 Dining Room 3.46 x 2.66 Kitchen 4.22 x 2.67 Bedroom 3.54 x 3.14 Bathroom 2.32 x 1.85

Auctioneers Notes

Property construction – Standard Electricity supply – Mains Water supply – Mains Sewerage – Mains Heating – Gas Broadband - Standard Speed – 13mbps Mobile signal / coverage - O2/ Vodafone / -Very Good /Three/EE – Good Parking – On Street Building Safety – See Legal Pack Restrictions – Yes - See Legal Pack – Cockton Hill Conservation Area Rights and easements - See Legal Pack Flood risk – Very Low Coastal erosion – No Risk Planning permission – See Legal Pack – 5a CP/15/31918/FENSA | (10/12/2014)/5b - CP/21/03034/GASAFE | (22/07/2020) Accessibility / adaptions – See Legal Pack Coalfield or mining area - See Legal Pack

Viewings

Please contact Auction House North East on 01642 931060 for the viewing schedule

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Durham County Council

Solicitors

HNW Law, Suite 17, Ref: HNW Law, Tel: 01642 050800

Offered in association with

Reeds Rains - Durham

Additional Fees

Buyer's Premium - £1800 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.