2 bed terrace to buy in DH4

Lumley Street, Houghton Le Spring, Tyne and Wear, DH4 4DS

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Online auction

Alternatively call 0191 5120933 or email houghton@pattinson.co.uk

  • Ideal First Time Buy Or Investment Opportunity
  • Potential Rental Income of £525/£550
  • Two Double Bedrooms
  • Two Reception Rooms
  • Rear Yard

2 bed terrace to buy in DH4

TO BE SOLD via ONLINE AUCTION 20/02/2024 12:00. Fees apply.

**TWO DOUBLE BEDROOMS**TWO RECEPTION ROOMS**POTENTIAL RENTAL INCOME - £525/£550 PCM** POPULAR LOCATION**

Pattinson Estate Agents are excited to welcome to the market this two bedroom home situated in the popular area of Grasswell, Houghton Le Spring. Ideally located within close proximity to popular local schools, local amenities and great public transport links. Also within short driving distance to Houghton Le Spring High Street and Herrington Country Park.

This spacious property briefly comprises of:-Entrance/hallway, open plan lounge/dining room, kitchen and three piece family bathroom. To the first floor lies two double bedrooms and externally there is a rear yard.

Early viewings come highly recommended to take advantage of the size and location of this property. Please call our Houghton office to arrange a viewing.

Summary

  • Property Type: Terrace
  • Bedrooms: 2
  • Receptions: 2
  • Tenure: Freehold
  • Central Heating: Gas
  • Parking: On Street

Entrance/Hallway

Property entrance leading to the hallway, which has an under stair storage cupboard. The hallway also gives acces to lounge.

Lounge/Dining Room

7.95m x 3.63m (26'0" x 11'10")

Open plan lounge/dining room with carpet flooring, two radiators, two feature fireplaces, front and rear double glazed windows. This area also gives acces to the kitchen and first floor staircase.

Kitchen

2.35m x 2.32m (7'8" x 7'7")

Fitted kitchen benefiting from a range of upper and lower units with contrasting work surfaces, plumbing for a washing machine, stainless steel sink unit and an integrated oven with a hob. Tile splash back, and a double glazed rear aspect window.

Bathroom

1.80m x 2.35m (5'10" x 7'8")

Three piece bathroom benefiting from a panelled bath, hand wash basin and W.C. Tile flooring, tiled splash back, radiator and a double glazed rear aspect window.

Bedroom One

3.56m x 4.65m (11'8" x 15'3")

Double bedroom with carpet flooring, radiator and double glazed rear aspect window.

Bedroom Two

4.41m x 3.28m (14'5" x 10'9")

Double bedroom with carpet flooring, two integrated wardrobes, a storage cupboard, a radiator and a double glazed rear aspect window.

External

Externally to the rear there is a fully enclosed yard.

EPC for 2 bed terrace to buy in DH4

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 £3000 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 2.5%+ VAT to a minimum of £2500 + VAT (£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.  

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 within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, 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.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

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 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,000 - £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. 

More Information is available:

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

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