Arthur Street, Darlington

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£46,950

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01325 523756

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 purchaser to exchange 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 of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for 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 the 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 Great North Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.


An excellent investment opportunity has arisen to purchase this terraced house that has been converted into 2 self-contained flats. Located on the ground floor is a Studio Flat and a 1 bedroom flat is located on the second floor.

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Brochure
Brochure

Ground Floor Flat

Bed/Sitting Room
4.66m x 4.26m (15' 3" x 14' 0")
Window to front, double radiator, access to;

Kitchen
3.97m x 3.61m (13' 0" x 11' 10")
Window to rear. Fitted base units, work top, single drainer sink unit, plumbed for an automatic washing machine, double radiator, door to;

Rear Hallway
Cupboard housing combination boiler, uPVC door to yard, door to cellar with light. Door to;

Bathroom
Obscure glazed window to side, low level WC, Pedestal wash hand basin, panelled bath and radiator.

Externally, rear yard.

First Floor Flat

Hallway, access to loft, door to;

Lounge
4.29m x 3.21m (14' 1" x 10' 6") plus alcove
Window to front, radiator and fitted cupboard to alcove.

Kitchen/Diner
3.75m x 3.63m (12' 4" x 11' 11")
Window to rear. Fitted base units, work top, single drainer stainless steel sink unit, wall mounted combination boiler, radiator and built in storage cupboard.

Bedroom
3.19m x 2.47m (10' 6" x 8' 1")
Double glazed window to front, radiator.

Bathroom
Obscure glazed window to side. Panelled bath, wash hand basin and low level WC. Radiator.

Agents Notes
We believe the property was converted several years prior to 2007. We also believe no planning permission was sought therefore, such building works may be immune from enforcement action. We also believe Building Regulation Approval is most likely outside of any time limit to take enforcement action for breach of Building Regulations. In any event we advise potential purchasers to source the appropriate legal advice before they incur any expense.

Disclaimer
Please note that these particulars have been prepared in good faith by Sillars Properties Ltd to give a fair overall view of the property and cannot be relied upon as statements of fact. To this end, potential purchasers must satisfy themselves by personal inspection regarding any aspect of the particulars. Sillars Properties Ltd do not have any liability as regards to details provided herein.
Any areas or measurements referred to are given as a guide only and not precise. Purchasers must rely on their own enquiries.
The included services have not been tested/surveyed; appliances, equipment or facilities, and the representation is limited to a fair representative guide only, without prejudice, and offered without responsibility on the part of the Agents or their clients.
These particulars do not form any part of an offer of a contract and either the agents or their employees have any authority to make or give any representations or warranties whatever in relation to this property.




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