16B, Redworth Road, Shildon, DL4 2JE

This property is to be offered for sale by Property Solvers online unconditional auction (28-day immediate exchange).

Property Solvers Online Auctions presents this 1-bedroom maisonette subject to planning permission in need of a full refurbishment, located on Redworth Road, Shildon.

This property presents an excellent development opportunity, perfect for a savvy investor with the right vision.

This property on Redworth Road, Shildon, offers an exciting opportunity for buyers seeking a project with significant potential.

Requiring full refurbishment throughout, the property offers scope to create a modern and comfortable home while adding substantial value through renovation and improvement.

Inside, the property requires comprehensive modernisation, providing a blank canvas for a buyer to redesign and finish to their own specification.

With the right works and vision, there is excellent potential to transform it into an attractive family home or investment property, subject to any necessary planning.

Located in Shildon, the property benefits from access to local amenities, schools, shops and transport links, with wider County Durham readily accessible.

This is an ideal opportunity for developers, investors or owner-occupiers seeking a property with huge potential and the opportunity to add value through refurbishment.

More Information The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.

28-day unconditional auction terms + conditions, aml requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).

The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding.

For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.

Notice to Bidders Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.

As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of id documents (passport and photo driving license).

For a full list of requirements, please see the legal pack documents.

Buyer Reservation Fee A 2% + VAT (non-refundable) fee (subject to a minimum of £2,000 + VAT) plus a £125 + VAT processing fee will be due from the winning bidder.

Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'.

They are not necessarily figures which a property will sell for and may change at any time prior to the auction.

Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.