2 bedroom property for sale

For sale by Modern Method of Auction: Starting Bid Price ?140,000 Plus Reservation Fee



Robinsons are delighted to offer to the market for sale by auction this rare and unique opportunity to acquire three, two bedroomed flats, located within the heart of the popular village of Kirk Merrington. The well known Kirk Merrington School with excellent Ofsted reports is approximately a 5 minute walk away, Spennymoor town centre is only a short driveway where you can find a wider range of local shops, amenities and leisure centre. This brilliant investment opportunity could produce potential yields of 10% if finished to a high standard. Early viewing is advised to avoid any disappointment.

Flat one (ground floor) comprises of, entrance hallway, lounge, good sized kitchen, two bedrooms and bathroom. (Currently tenanted)

Flat two (ground floor)

comprises of, entrance hallway, lounge, kitchen, two bedrooms and bathroom.

Flat three (first floor)

entrance hallway, lounge, kitchen, two bedrooms and bathroom.



This property is for sale by The Great North Property Auction powered by iam-sold Ltd.

* For Sale by Auction T & C s apply * Subject to an undisclosed Reserve Price

* Reservation Fees Applicable * The Modern Method of Auction



EPC Rating for Flat 1 - TBC

EPC Rating for Flat 2 - D

EPC Rating for Flat 3- TBC

Council Tax Band AFlat 1HallwayStairs to the first floor.Lounge5.03m x 3.10m (16'6 x 10'2)Electric radiator, uPVC window.Kitchen3.56m x 2.13m (11'8 x 7'0)Wall and base units, integrated oven, hob, stainless steel sink with drainer, plumbed for washing machine, space for under counter fridge.Bedroom One3.25m x 2.06m (10'8 x 6'9)Electric radiator, uPVC window.Bedroom Two3.40m x 1.91m (11'2 x 6'3)Electric radiator, uPVC window.Bathroom2.82m x 2.54m (9'3 x 8'4)Panelled bath, shower cubicle, wash hand basin, w/c.Flat 2Communal access with flat 3.HallwayAccess to the lounge, bedrooms and bathroom.Lounge5.84m x 3.78m (19'2 x 12'5)UPVC windows, radiator.Kitchen3.84m x 2.84m (12'7 x 9'4)Wall and base units, stainless steel sink with drainer, space for electric cooker, fridge freezer, uPVC window, radiator, extractor fan, access to the rear.Bedroom One2.82m x 2.16m (9'3 x 7'1)Window, radiator, fitted wardrobes.Bedroom Two3.86m x 2.54m (12'8 x 8'4)UPVC window, radiator, fitted wardrobes.Bathroom2.16m x 1.57m (7'1 x 5'2)White panelled bath, wash hand basin, radiator, w/c, extractor fan.Flat 3HallwayRadiator.Lounge4.09m x 3.25m (13'5 x 10'8)Radiator, uPVC window.Kitchen4.04m x 2.26m max points (13'3 x 7'5 max points)Wall and base units, stainless steel sink with drainer, electric cooker point, plumbed for washing machine, radiator, uPVC window, airing cupboard.Bedroom One2.54m x 2.97m (8'4 x 9'9)UPVC window, radiator.Bedroom Two2.51m x 2.36m (8'3 x 7'9)UPVC window, radiator.Bathroom1.75m x 1.65m (5'9 x 5'5)White panelled bath, w/c, wash hand basin, radiator, extractor fan.ExternallyTo the front, there is a hard standing area which could provide parking doe each of the apartments.Auctioneers Terms/ConditionsThis property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the Reservation Period ). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The buyer will pay ?300.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of ?6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than ?450.00. These services are optional.