Nestled in the heart of Peterlee, this spacious three-bedroom mid-terraced home on Cheviot Place presents a fantastic opportunity for buyers seeking a property with potential. Offered with no onward chain and available for sale via auction, this residence is ideal for those looking to renovate and create a personalised living space or add value through refurbishment. The property welcomes you with a paved front garden featuring raised borders that add a touch of greenery and structure to the outdoor space. There is off-street parking for one car, a practical and sought-after feature in this residential area. Upon entering, you are greeted by a porch that leads into a well-proportioned entrance hall, complete with stairs rising to the first-floor landing. To the front of the house, the kitchen enjoys natural light through a window overlooking the garden, offering a functional layout with scope for modernisation. The standout feature of the ground floor is the expansive 21-foot living and dining room, which spans the full width of the property. This generous space is perfect for family gatherings and entertaining, and benefits from sliding doors that open onto the rear paved area, seamlessly connecting the indoors with the outdoors. Upstairs, the landing provides access to three bedrooms, each equipped with built-in or fitted wardrobes, ensuring ample storage and convenience. The family bathroom is fitted with a double shower, offering a practical and efficient bathing solution. To the rear of the property, the paved outdoor area provides a peaceful retreat with open views across adjacent fields, creating a sense of space and tranquillity. While the home is in need of upgrading, it offers a blank canvas for those with vision and creativity. Cheviot Place is situated in a well-established residential area of Peterlee, close to local amenities, schools, and transport links. With its spacious layout, off-street parking, and potential for improvement, this property represents a compelling opportunity for buyers looking to invest or create a bespoke family home.
This 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 winning bidder will pay £349.00 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 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 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.
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