1 Nansen Street, Consett, Durham, DH8 6AG

2 Bedroom End of Terraced House, 1 Nansen Street, Consett, Durham, DH8 6AG

Overview

Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free 2 bedroom end of terraced house in Consett.

This auction is strictly open to cash buyers only; please see special conditions for more information.

The accommodation briefly comprises: To the ground floor there is an entrance leading to a living room, dining room and kitchen, there is also a rear porch, providing a second access way to the property. To the first floor there are 2 bedrooms and a bathroom.

Outside, there is a yard to the rear and also a double garage. Please note that due to an issue with the lintel above the garage door, the door, lintel & a course of bricks have been removed as a safety measure. The garage entrance has since been boarded (see pics for further information).

This property requires enhancement throughout providing an exciting opportunity to those looking for a modernisation project.

To view this property please visit the Hammer Price homes website and book your place on to an open day.

Location

Nansen Street is just a short walk from Consett Town Centre offering easy access to a host of local amenities including supermarkets, shops, pubs, a cinema and a medical centre. Durham City Centre can be reached in around 25 minutes and Newcastle City Centre in around 30 minutes, both offering a more extensive range of amenities.

Special conditions

The property is in need of significant modernisation and we believe that you will not be able to secure a mortgage on the property, for this reason we open this auction for cash buyers only. There will be no grounds to withdraw from the sale with a return of the reservation fee for any issues around the condition of the property or around financing the purchase. Terms and conditions apply.

Other Information

Tenure – Freehold

Auction Details

** Open to cash buyers only. 90 Days to complete and no deposit payable**

Please note that there is a Reservation fee (2.4% Inc. VAT subject to a minimum of £2,400 Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

To view the property you must register and book on one of the open days as detailed above. (Please note: Entrance will be refused if you are not on the list so please make sure you book your place using the online system. Lists close 24 hours before the open day starts so book in plenty of time.)

Auction ends – Thursday 13^th February 2019 at 1pm (please read anti-sniping rules which may extend the auction)

Bidding Window Opens – Tuesday 11^th February 2019 (Please note bidding won’t be possible until this time)

Starting price – £25,000 (Reserve price is higher & unpublished)

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed and the buyer honoured to pay it. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ’s on the site for more details.

This is a probate property and is sold as seen. The administrator and solicitor may not be able to answer the usual pre-contract questions.