Guide price
£55,000
2 bed terraced house for saleByerley Road, Shildon DL4
2 beds
1 bath
1 reception
EPC Rating: D
- Auction
Pattinson - Durham
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About this property
No Upper Chain
Investment Property
Two bedrooms
Summary
Presenting this delightful 2-bedroom terraced house, located in the charming town of Shildon. This property is introduced to the market with no upper chain, proving an ideal acquisition for investors and first-time buyers alike. The residence is the epitome of a prime investment property, offering ease of turnaround for rental or resale.
As you enter the property, you are greeted with a welcoming reception room, which offers a sense of light and airiness. This room is well-proportioned, making it ideal for relaxation and entertaining guests. From here, a doorway leads into the kitchen which has potential for refurbishment to create a modern living space.
The property houses two generously sized bedrooms, providing ample space for comfort and personalisation. The bedrooms are serviced by one family bathroom, which, like the kitchen, presents an excellent opportunity to enhance and add value to the property.
Located in Shildon, the property benefits from the locale's friendly community, local amenities and is well serviced by public transport. Shildon is known for its rich industrial heritage and picturesque surroundings, making it an inviting location for potential tenants or homeowners.
In summary, this 2-bedroom terraced house is teeming with potential, ideal for investors looking to expand their portfolio or first-time buyers seeking a project. With the added advantage of no upper chain, this residential sale property is ready and waiting for its new occupants to realise its full potential.
In addition to the home, on offer is a section of the land to the rear which has been used as an allotment / additional garden space.
Council Tax Band: A
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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