1 bed apartment to buy in DH8

Gladstone Street, Consett, Consett, Durham, DH8 6AQ

Bid now

Online auction

Alternatively call 0191 737 1152 or email northeast@pattinson.co.uk

  • One bedroom ground floor apartment
  • Investment opportunity with tenant in place paying £360 per month
  • Gas Central Heating & Double Glazed
  • Separate kitchen and bathroom
  • Shared rear yard
  • Council tax band A Leasehold 999 years

1 bed apartment to buy in DH8

To Be Sold Via Online Auction until 30/08/22 11:30. FEES APPLY

Fantastic investment opportunity for this one bedroom ground floor apartment located in Consett. There is a tenant currently in place paying £360 per month. This would be ideal to add to any investors portfolio. Located within walking distance of Consett Town Centre with its shops, bars, restaurants, bus station and local schools. The floor plan comprises Entrance porch, hallway, lounge, kitchen, bathroom and bedroom. Further benefits include gas central heating, double glazing and shared rear yard.

Council Tax Band: A
Tenure: Freehold
Length Of Lease: 999

Summary

  • Property Type: Apartment
  • Bedrooms: 1
  • Receptions: 1
  • Tenure: Freehold
  • Central Heating: Gas
  • Parking: On Street

Entrance Porch

Double glazed entrance door and window, laminate flooring, further door into hallway.

Entrance Hall

built in cupboard, double radiator.

Image of Lounge
zoom

Lounge

4.60m x 3.50m (15'1" x 11'5")

Double glazed rear aspect window, gas fire, cupboard, double radiator.

Image of Kitchen
zoom

Kitchen

Fitted wall and base units incorporating counter work tops with a single drainer sink unit, built in electric oven, gas hob with extractor hood over, space for a washing machine, partly tiled walls, combination boiler, double glazed rear aspect window and door.

Image of Bedroom One
zoom

Bedroom One

4.30m x 3.80m (14'1" x 12'5")

Double glazed front aspect window, coving to ceiling, double radiator.

Image of Bathroom
zoom

Bathroom

White three piece suite comprising panelled bath, pedestal wash hand basin, low level w.c. single radiator, laminate flooring, double glazed rear aspect window.

Rear yard

Shared rear yard, mainly paved, walled boundaries, gate access.

EPC for 1 bed apartment to buy in DH8

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply. We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase, a buyer will pay a deposit of 5% subject to a minimum of £3,000 which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 2.4% inc VAT to a minimum of £3,000 inc VAT.  This does not form part of the purchase price.

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 

£50,000 or Less - £250 minimum bid

£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,001 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

There is no legal pack for this property.