For sale by Modern Method of Auction; Starting Bid Price £40,000 plus Reservation Fee.
Sylvester Properties are pleased to welcome to the market this two bed terraced property located within the street of Windsor Terrace, New Kyo. The property briefly comprises; to the ground floor, Lounge, hallway leading to staircase, kitchen/diner and back porch leading to the rear yard. To the second floor; the landing allows access to the family bathroom and three bedrooms. The property has undergone extensive works, with a new combi boiler, full rewire and plastered. This incredible investment or first home opportunity has been left as a blank canvas ready for the new owners own imagination to create their perfect family home.
LOUNGE 15′ 2″ x 13′ 1″ (4.64m x 4m) To the Front of the property is the spacious lounge which benefits from central heating and double glazed windows along with numerous electrical points. The lounge also has feature fireplace with brick surround
KITCHEN 18′ 5″ x 12′ 9″ (5.63m x 3.90m) To the rear of the property the kitchen boasts a range of wooden wall and base units are complimented by white work surfaces. The kitchen benefits from space for free standing cooker as well as dining room furniture and plenty of electronic points, double glazed windows and UPVC door leads to the rear yard.
TO THE FIRST FLOOR
LANDING The landing provides access to the properties bedrooms, family bathroom and loft access
MASTER BEDROOM 11′ 1″ x 13′ 3″ (3.39m x 4.06m) The master bedroom overlooks the front of the property via large double glazed window and benefits central heating radiator, numerous electrical points and ample space for both a double bed and bedroom furniture.
BEDROOM TWO 10′ 7″ x 13′ 1″ (3.23m x 3.99m) The second bedroom lies to the rear of the family home and overlooks the yard. This property benefits from central heating and space for both double bed and various furnishings.
BEDROOM THREE 7′ 2″ x 10′ 3″ (2.20m x 3.13m) The third bedroom lies to the front aspect of the property, this versatile room will be perfect for use a bedroom; children play room or study area.
BATHROOM 6′ 2″ x 10′ 4″ (1.88m x 3.16m) The family bathroom features a double glazed frosted glass window. The bathroom consists of a bathtub with overhead shower, wash basin and W/C.
EXTERNAL Externally the property benefits from a large rear yard.
Windsor Terrace is located within New Kyo, and is a short distance from Stanley and is close to main transportation routed to Consett and Durham. Nearby amenities include New Kyo club, local corner stores, takeaways and more.
We highly suggest viewing this property in order to visualise this properties potential
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% plus VAT; to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price