Terraced house for sale in Anns Place, Durham DH7

3-Bedroom, Mid-terrace House, 2 Anns Place, Langley Bridge, Langley Moor, Durham, DH7 8JY

Overview
Hammer Price Homes are pleased to present for sale by **online auction** and open for **cash buyers** this 3-bedroom mid terrace house in Langley Moor, Durham.

The property briefly comprises: To the ground floor there is an entrance hallway leading to a lounge, kitchen/diner and bathroom. To the first floor there is a landing leading to 3 bedrooms.

Externally there is a small front garden/yard and generous sized garden to the rear of the property.

Please be advised that we believe that a section of the first floor landing area and a section of bedroom 3 is a Flying Freehold above the next door property.

The sale comprises of two individual freehold titles including the property and front garden (title number DU61410) and then a further title covering the rear garden (title number DU126404 – registered with Possessory Title). Land Registry documents are available for download from the Hammer Price Homes website. All titles are registered and owned by the deceased (probate property) and will be transferred to the buyer on completion. Merging the titles could be considered by Land Registry post completion.

Prospective buyers are to obtain their own independent legal advice in relation to the Property, the Land Registry information and the Flying Freehold prior to taking part in the auction.

This sale is strictly open for cash buyers only due to the condition; we feel you would not be able to obtain a standard mortgage on the property. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any concerning information within the searches. There will also be no grounds to withdraw from the sale due for any issues relating to the flying freehold or for any issues relating to the two individual freehold titles included in the sale. The property is sold as seen with 60 days to complete.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location
The property is located in the sought-after Langley Moor area of Durham, and is within close proximity to local shops, schools, amenities and opposite Holiday Park green open space. The property is only a short commute to Durham city centre, with access to a wide range of shopping and leisure facilities, along with Durham University.

Special Conditions
This sale is strictly open for cash buyers only due to the condition; we feel you would not be able to obtain a standard mortgage on the property. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any concerning information within the searches. There will also be no grounds to withdraw from the sale due for any issues relating to the flying freehold or for any issues relating to the two individual freehold titles included in the sale. The property is sold as seen with 60 days to complete.

Tenure
Tenure – Freehold – Title Absolute - Title numbers DU61410. Land Registry documents are available for download from the Hammer Price Homes website and should be viewed before bidding.

Tenure – Freehold – Possessory title – Title number DU126404 is registered with possessory title in the name of the deceased (probate property). The vendors will provide an indemnity policy that will cover the new buyer for any associated risks regarding the possessory title. Land Registry documents are available for download from the Hammer Price Homes website and should be viewed before bidding.

All titles are registered and owned by the deceased (probate property) and will be transferred to the buyer on completion. Merging the titles could be considered by Land Registry post completion.

Prospective buyers are to obtain their own independent legal advice in relation to the Property, the Land Registry information and the Flying Freehold prior to taking part in the auction.

Other information
The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.
Council Tax Band – B
EPC Rating – D
Utilities:
Water Supply: Assumed Mains Water
Electricity Supply: Assumed Mains Electricity
Gas Supply: Assumed Mains Gas
Source/s of heating: Boiler and Radiators, mains gas (Taken from EPC)
Primary arrangement for Sewerage/Drainage: Public Sewer

Searches
Searches are available for download from the Hammer Price Homes website. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.

Auction Details
** Open for cash buyers only. 60 days to complete**

Auction ends – Thursday 16th May 2024 at 2:00pm (Subject to anti-sniping).

Bidding Window Opens – Tuesday 14th May 2024 at 10:00am (Bidding will not be possible until this time).

Starting price - £48,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Fees
All fees are payable by bank transfer only (we do not take card payments).

Reservation Fee – Please note that there is a Reservation Fee (3.6% Including VAT subject to a minimum fee of £3,600 Including VAT) payable by the buyer within 2 hours of winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

Searches –The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.

Viewings
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.

Property Details
Approx. Gross internal floor area – 1121 sq ft / 104.1 sq M

Ground Floor
Comprises of an entrance hallway leading to these rooms:
Lounge - 17'3 x 16'2 (5.26m x 4.92m)
Kitchen/Diner - 17'3 x 12'8 (5.26m x 3.85m)
Bathroom – No measurements taken

First Floor
Comprises of a landing leading to these rooms:
Bedroom 1 - 12'10 x 16'2 (3.90m x 4.93m)
Bedroom 2 – 14'3 x 12'5 (4.34m x 3.78m)
Bedroom 3 – 7'3 x 12'8 (2.22m x 3.85m)

Parking
On-street, How to make an offer
Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and faq’s on the site for more details.

This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.