1 /10
£50,000
Federation Terrace, Stanley, County Durham, DH9
- 2 beds
Under offer/SSTC
£50,000
- 2 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£228 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£2,500
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This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).
Bidding opens on Thursday 16th February at 12:00 and closes on Wednesday 22nd February at 12:00 with a GUIDE PRICE of £50,000
Property Description
Good size 2 bedroom mid-terrace property, has lots of scope for improvement, ideal investment or a first-time buyer wanting a project. Located in Tantobie 2 miles northwest of Stanley.
Entrance Hall
The front door leads to a small entrance hall with stairs off to the first floor and a door off to;
Lounge
Having carpeted flooring, radiator, ceiling light fitting, window to the front elevation, and brick-built fireplace with TV plinth, door leading to;
Kitchen
Gally-style kitchen with base and wall units, tiled splash-back, sink and drainer with mixer tap, gas hob, electric oven, wood effect vinyl flooring, radiator, and window overlooking the side elevation. Doors leading to Utility room and shower room.
Shower room
Fully tiled with a walk-in shower and shower screen, white close coupled WC, white wash-hand basin in a vanity unit. Laminate flooring, radiator, ceiling light, and frosted window.
Bedroom 1
Carpeted flooring, radiator, ceiling light, built-in cupboard and window overlooking the front elevation.
Bedroom 2
Carpeted flooring, radiator, ceiling light, built-in cupboard, and window overlooking the rear elevation.
Outside
Walled rear yard.
Location
The property is located close to shops and local amenities and less than a 30-minute drive to major road networks. Tantobie is a former colliery village in County Durham. It is situated 2 miles to the northwest of Stanley and the same distance to the north of Annfield Plain
More Information
Our enquiry line is open 24/7 and we're happy to answer any questions.
Auction terms + conditions, AML requirements and fees are available on our website [Google: Property Solvers > Property Auctions (in navigation) > Auction Property for Sale (drop-down)].
The legal pack will be uploaded in good time prior to the auction bidding process.
Property Solvers Online Auctions will be running open mornings/afternoons and independent viewings (where required).
All viewers must observe our COVID-19 Viewing Policy (available on the listing).
Notice to Bidders
Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements please see the legal pack documents.
Buyer Reservation Fee
A 2% + VAT (non-refundable) fee + £125 + VAT processing fee will be due from the winning bidder.
(Searches that are not received in time of the auction; a Professional Indemnity Insurance can be taken out to cover against any issues that emerge from the searches)
Bidding opens on Thursday 16th February at 12:00 and closes on Wednesday 22nd February at 12:00 with a GUIDE PRICE of £50,000
Property Description
Good size 2 bedroom mid-terrace property, has lots of scope for improvement, ideal investment or a first-time buyer wanting a project. Located in Tantobie 2 miles northwest of Stanley.
Entrance Hall
The front door leads to a small entrance hall with stairs off to the first floor and a door off to;
Lounge
Having carpeted flooring, radiator, ceiling light fitting, window to the front elevation, and brick-built fireplace with TV plinth, door leading to;
Kitchen
Gally-style kitchen with base and wall units, tiled splash-back, sink and drainer with mixer tap, gas hob, electric oven, wood effect vinyl flooring, radiator, and window overlooking the side elevation. Doors leading to Utility room and shower room.
Shower room
Fully tiled with a walk-in shower and shower screen, white close coupled WC, white wash-hand basin in a vanity unit. Laminate flooring, radiator, ceiling light, and frosted window.
Bedroom 1
Carpeted flooring, radiator, ceiling light, built-in cupboard and window overlooking the front elevation.
Bedroom 2
Carpeted flooring, radiator, ceiling light, built-in cupboard, and window overlooking the rear elevation.
Outside
Walled rear yard.
Location
The property is located close to shops and local amenities and less than a 30-minute drive to major road networks. Tantobie is a former colliery village in County Durham. It is situated 2 miles to the northwest of Stanley and the same distance to the north of Annfield Plain
More Information
Our enquiry line is open 24/7 and we're happy to answer any questions.
Auction terms + conditions, AML requirements and fees are available on our website [Google: Property Solvers > Property Auctions (in navigation) > Auction Property for Sale (drop-down)].
The legal pack will be uploaded in good time prior to the auction bidding process.
Property Solvers Online Auctions will be running open mornings/afternoons and independent viewings (where required).
All viewers must observe our COVID-19 Viewing Policy (available on the listing).
Notice to Bidders
Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements please see the legal pack documents.
Buyer Reservation Fee
A 2% + VAT (non-refundable) fee + £125 + VAT processing fee will be due from the winning bidder.
(Searches that are not received in time of the auction; a Professional Indemnity Insurance can be taken out to cover against any issues that emerge from the searches)
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£228 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
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Mortgage and legal costs:
£999
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