Investment Opportunity - Two-Bedroom Terrace
11 West Street, Ferryhill, County Durham DL17 8JZ
£35,000
9 September 2025
GUIDE PRICE
AUCTION DATE
- House
- 2 Bedroom(s)
Coming to auction, this two-bedroom terraced house in Ferryhill offers up a solid investment opportunity. Just a short distance from the town centre, and with easy access to the A167 road between Durham City and Darlington, the property comprises in brief: to the ground floor, a spacious opened-up living room and dining room taking you through to the kitchen and bathroom; meanwhile, upstairs, there are two generous double bedrooms. Gas central heating and upvc windows throughout. Requiring some modernisation, but with a guide price to suit, viewing of this property is strongly recommended. This property is in a selective licensing area - details of the scheme can be found on the Durham County Council website. We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (September 9th), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 28 days later. You must be registered to bid. Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on 01642 931060. Please also note that holding an EI group account will not give you bidding authorisation. This authorisation can only be granted via the Tees Valley branch once all forms, documentation and completed ID checks have been received at teesvalley@auctionhouse.co.uk. For any further assistance, please do not hesitate to contact us in the office. Freehold Living Room 4.74m x 3.43m Dining Room 4.31m x 3.22m Kitchen 3.62m x 1.95m Bathroom 2.14m x 1.96m Bedroom One 4.80m x 3.31m Bedroom Two 4.32m x 3.24m Property construction “ Standard Electricity supply “ Mains Water supply “ Mains Sewerage “ Mains Heating “ Gas Broadband - Standard Speed “ 9 mbps Mobile signal / coverage “O2/ Vodafone “ Very Good/Three/EE “ Good Parking “ On Street Building Safety “ See Legal Pack Restrictions “-- Yes - See Legal Pack Rights and easements - See Legal Pack Flood risk “ Very Low Coastal erosion “ Very Low Planning permission “ See Legal Pack “ Last FENSA work 10/05/2004 Accessibility / adaptions “ See Legal Pack Coalfield or mining area - See Legal Pack An admin fee of £1800 inc VAT(£1500 +VAT) and a buyers premium of 1.8% inc VAT (1.5% + VAT) subject to a minimum of £1200inc VAT (£1000 +VAT) Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services. Durham County Council HNW Law, Suite 17, Ref: HNW Law, Tel: 01642 050800 We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Buyer's Premium - 1.8% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
11 West St, DL17 8JZ
Guide Price
£35,000
Auction Date
9 Sep 2025
Time
12:00
Venue
Online
Auctioneer
Auction House
Auction House
Auction House UK The Barn Newmarket Road Cringleford Norwich NR4 6UE
About Auction House
Auction House UK is a network of property auctioneers who cover the whole of the country. They operate over 40 auctions rooms nationwide, holding in excess of 200 auctions and selling over 3,000 properties every single year. They have won numerous industry awards over the past five years, including gaining the title of Residential Auction House of the Year and Franchise/Network Group of the Year on multiple occasions.