£50,000
2 bed terraced house for sale
Bannerman Terrace, Sherburn Hill, Durham, County Durham DH6Auction
Freehold
2 beds
1 bath
2 receptions
Key information
Tenure
Freehold
Council tax band
About this property
Two Double Bedrooms
Gas Central Heating and Double Glazing
Vacant Possession
Potential Rental Yield of 13% plus following refurbishment
Modern Method Of Auction
Pre Auction Marketing.
• For Sale by Modern Auction T & c's apply • Subject to Reserve Price • Buyers fees apply • The Modern Method of Auction
This charming 2-bedroom terraced house in situated in the village of Sherburn Hill, available with no forward chain and represents an excellent investment opportunity or first time buy.
Offered for sale through the Modern Method Of Action (Terms and Conditions Apply). Please visit for full details.
Featuring double glazing and gas central heating, this property falls under council tax band A. The accommodation briefly comprises of an entrance hallway, well proportioned lounge and separate dining room, modern refitted kitchen and rear porch to the ground floor with two double bedrooms, bathroom and separate WC to the first floor. Outside, the private rear garden provides a perfect space for summer relaxation.
Situated in the sought-after village of Sherburn Hill, the property is conveniently close to a variety of amenities such as shops, supermarkets and primary schools. Excellent transport links are available via the A1, Durham train station, and numerous local bus routes.
Don't miss out on this exciting opportunity!
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Auction Details
Auctioneer CommentsThis property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with theAuctioneer, iamsold LimitedThis method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyerssolicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase priceincluding VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered aspart of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identificationverification process with iamsold and provide p