Whilst we are not aware of any structural issues, the property is in need of significant modernisation and we believe that you may not be able to secure a mortgage on the property, for this reason we recommend that this is for cash buyers only. If you are planning on financing the purchase through a mortgage, then please ensure that lending has been agreed prior to bidding as there will be no grounds to exit the sale with a return of the reservation fee if you have been declined a mortgage. Terms and conditions apply
14 Neale Street, Ferryhill, County Durham, DL17 8NB
Special conditions
3 Bedroom Terraced House, 14 Neale Street, Ferryhill, County Durham, DL17 8NB
Overview
Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free 3 bedroom terraced house in Ferryhill. As detailed in the special conditions, this property is recommended for cash buyers only.
The accommodation briefly comprises: To the ground floor there is an entrance hallway leading to an open plan living / dining room and kitchen. To the first floor there are 2 bedrooms and a bathroom. On the second floor there is a 3rd bedroom.
Outside there are yards to the front and rear of the property.
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
Neale Street is within walking distance of Ferryhill Town Centre offering a host of local amenities including supermarkets, shops & pubs. Durham City Centre can be reached in around 15 minutes by car and provides a more extensive range of amenities. Major road networks can easily be accessed from here with the A167 located less than half a mile away.
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 31st January 2019 at 1pm (please read anti-sniping rules which may extend the auction)
Bidding Window Opens – Tuesday 29th January 2019 (Please note bidding won’t be possible until this time)
Starting price – £12,000 (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 property is being sold as part of a deceased estate with vacant possession and is sold as seen. The administrator and solicitor may not be able to answer the usual pre-contract questions.
Ground Floor
Comprises of entrance hallway leading to these rooms:
First Floor
Landing leading to these rooms:
Second Floor
Leading to these rooms:
Outside space:
Parking:
Neale Street, Ferryhill DL17 8NB, UK
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