Bridge Street, Bishop Auckland

£27,500

Guide price

  • Bedrooms: 2
For sale by Modern Method of Auction: Starting Bid Price £27,500 Plus Reservation Fee.

Robinsons are pleased to offer to the market this two bedroom mid-terrace property in the location of Bridge Street, Bishop Auckland, with NO ONWARD CHAIN. The property is close to local shops, amenities, towns and transport links. This property would make a fantastic investment opportunity as done to a good standard, we anticipate a rental income of £385-400 Per Calendar Month.

In brief the property comprises; entrance vestibule, lounge, kitchen, shower room, to the first floor there are two good sized bedrooms. Externally there is an easy to maintain rear yard, which is also a short walking distance from the River Wear.

This property is for sale by The Great North Property Auction powered by iam-sold Ltd.

GROUND FLOOR

Entrance Vestibule

Lounge

4.04mx 4.19m (13'3x 13'9)

Radiator, electric fire and single glazed window.

Kitchen

3.28m x 2.97m (10'9 x 9'9)

Wall and base units, stainless steel sink, and a single glazed window.

Wet Room

1.60m x 1.88m (5'3 x 6'2)

Shower and wash hand basin.

WC

Low level WC.

FIRST FLOOR

Landing

Bedroom One

4.19m x 4.06m (13'9 x 13'4)

Radiator and single glazed window.

Bedroom Two

4.06m x 3.28m (13'4 x 10'9)

Radiator, storage cupboard, single glazed window and combi boiler.

External

Rear yard with brick store.

Tenure - Freehold

AUCTIONEER S COMMENTS

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 purchase to exchanged 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 subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm the acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded 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 a 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 The Great North Property Auction powered by iam-sold Ltd.

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Robinsons Chartered Surveyors - Bishop Auckland

120 Newgate Street, Bishop Auckland

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