3 bedroom property for sale

** For Sale by the modern method of Auction. Starting Bids ?50,000. Reservation Fees Apply **Nestled on the charming Soho Street in Shildon, this spacious three-bedroom terraced house presents an excellent opportunity for both families and investors alike. The property boasts a generous reception room, perfect for entertaining guests or enjoying quiet evenings at home. Each of the three bedrooms offers ample space, ensuring comfort and privacy for all occupants.The house features a modern kitchen and bathroom, both designed with contemporary living in mind. Additionally, the property benefits from gas central heating and double glazing, providing warmth and energy efficiency throughout the year. An added bonus is the loft storage room, which offers extra space for belongings or the potential for further development.Conveniently located, this home is just a stone's throw away from local amenities and transport links, making it ideal for those who value accessibility and community. With a potential yield of 8.5 to 9%, this offers a sound investment opportunity. Whether you are looking to settle down or expand your property portfolio, this terraced house on Soho Street is certainly worth considering.To arrange a viewing please call Robinsons on 01388 458111GROUND FLOOREntrance HallLounge4.27 x 3.60 (14'0 x 11'9 )Kitchen3.99 x 4.34 (13'1 x 14'2 )Rear LobbyBathroomFIRST FLOORLandingBedroom 13.98 x 3.05 (13'0 x 10'0 )Bedroom 23.63 x 3.11 (11'10 x 10'2 )Bedroom 33.65 x 2.19 (11'11 x 7'2 )EXTERNALAGENTS NOTESElectricity Supply: MainsWater Supply: MainsSewerage: MainsHeating: Gas Broadband: Basic 14 Mbps, Superfast 45 Mbps,Mobile Signal/Coverage: Average-GoodTenure FreeholdCouncil Tax: Durham County Council, Band A- Approx. ?1701 (min)Energy Rating: CDisclaimer: The preceding details have been sourced from the seller and OnTheMarket.com. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriateAUCTIONEERS COMMENTSThis 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.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 4.5% of the purchase price including VAT, subject to a minimum of ?6,600.00 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 ?300.00 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.Referral ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.