Property for Auction in North East - 116 Seventh Street, Horden, Peterlee SR8 4JQ

TWO BEDROOM TERRACED HOUSE – RENOVATION PROJECT OPEN HOUSE DATE: (no booking required)

Thursday 13th May 11am - 11.30am

Located on Seventh Street in Horden, County Durham, this two bedroom terrace property presents an excellent opportunity for investors, developers, or those seeking a renovation project.

The accommodation briefly comprised of a lounge, kitchen/dining room, two generously sized double bedrooms, and a bathroom. Externally, the property offers an enclosed yard to the rear and is situated close to a council maintained green space.

Offered with vacant possession and in need of full internal refurbishment, this property holds strong potential to add value and tailor to your own specifications.

It is essential that all parties complete their own due-diligence on any auction property, ensuring they read the full legal pack prior to bidding.

On the day of the auction, you must be in a position to legally exchange contracts at the fall of the gavel. Payment of a 10% deposit (£5,000 min, unless stated otherwise within the legal pack) will be required, alongside any additional fees as outlined in the Special Conditions of Sale. The completion deadline can also be found within the legal pack.

You must be registered to bid. Please note that previous purchases, interest or registration are not valid for a forthcoming auction.

A pre-authorisation of £6,200 is required to bid within the auction. This is a temporary hold on funds within your bank account which will be released after the auction if you are not the successful bidder. Please note it can take up to 7-10 business days (sometimes longer) for the funds to be made available within your account, subject to your bank’s processes.

For any questions or further assistance registering to bid, please contact us. Tenure Freehold Energy Efficiency Rating (EPC) Current Rating F Services Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services. Local Authority Durham City Council Solicitors Taylor Rose MW, 69 Carter Lane, Ref: Taylor Rose MW, Tel: 020 8774 9711 Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - £3600 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.