Property Description
Data accuracy has been checked and verified for this property.
Our analysis
Welcome to 16 Church Road, Consett, a cozy and compact flat type home with 2 bed in the DH8 8NT area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band A.
This classic property was built 1967-1975 and has a reported internal area of 58.43 internal square metres
The local area is known for its high value-to-quality ratio -
with a market valuation of £29,900 and a rental potential of £194 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
Additional analysis
In addition to our own current description, this property has received a tailor-made description dated to Jul 5, 2022. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
"FOR SALE BY CONDITIONAL AUCTION, STARTING BID: £36,000 + RESERVATION FEE (AVAILABLE TO ALL BUYERS ASK FOR MORE DETAILS) When you step inside you realise that this upstairs flat is perfect for anyone looking for a buy to let property with a potential rent of £450 pcm. The generous lounge has double doors the kitchen, the hall leads to two generous bedrooms and a bathroom. The paved shared yard has outbuilding storage. Book your viewing today, don‘t miss it! COUNCIL TAX BAND A & EPC GRADE D
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. Upon close of a successful auction or if the vendor accepts an offer during the auction, there is no fee taken by the auctioneer however 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. Copies of the Reservation form and all terms and conditions can be found in the Legal 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 Reeds Rains powered by iam-sold Ltd.
Property Description FOR SALE BY CONDITIONAL AUCTION, STARTING BID: £36,000 + RESERVATION FEE (AVAILABLE TO ALL BUYERS ASK FOR MORE DETAILS) ! When you step inside you realise that this upstairs flat is perfect for anyone looking for a buy to let property with a potential rent of £450 pcm. The generous lounge has double doors the kitchen, the hall leads to two generous bedrooms and a bathroom. The paved shared yard has outbuilding storage. Book your viewing today, don‘t miss it! COUNCIL TAX BAND A & EPC GRADE D
Entrance Hall
Kitchen 3.7 x 2.4.
Lounge 4.6 x 3.8.
Hall
Bedroom One 3.8 x 2.7.
Bedroom Two 2.6 x 2.2.
Bathroom
Externally
Auction Terms FOR SALE BY CONDITIONAL AUCTION, STARTING BID: £36,000 + RESERVATION FEE (AVAILABLE TO ALL BUYERS ASK FOR MORE DETAILS) 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. Upon close of a successful auction or if the vendor accepts an offer during the auction, there is no fee taken by the auctioneer however 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. Copies of the Reservation form and all terms and conditions can be found in the Legal 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 Reeds Rains powered by iam-sold Ltd.
Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers
solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price
including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything
you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
COS1500065"
Tax band A
