Property for Auction in North East - 20 Lloyd Avenue, East Rainton, Houghton le Spring, Tyne and Wear DH5 9QZ

Two Bed Semi Detached House In Need of Improvement. Expected Rentals £600 PCM / £7200 PA

Open House Viewings (no need to book) Monday 18th August at 10am until 10:30am Thursday 04th September 10am until 10:30am Located on Lloyd Avenue, East Rainton. Excellent road links lead onto the A690 to access Durham City Centre, A19, Houghton Le Spring and Sunderland City Centre. East Rainton Primary School is also within walking distance.

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 C Services Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services. Local Authority Newcastle upon Tyne City Council Solicitors Solaris Conveyancing - 2, Ref: Solaris Conveyancing - 2, Tel: 0343 2900149 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.