Bruce Place, Peterlee, Durham, SR8 5JR

Offered with no onward chain and available to purchase via the Modern Method of Auction, this well-proportioned two-bedroom semi-detached home presents an excellent opportunity for first-time buyers, investors or those looking to create a home to their own taste.

The accommodation briefly comprises an entrance hallway leading to a separate lounge, providing a comfortable space to relax, while the spacious open-plan kitchen/dining room offers an ideal setting for everyday family life and entertaining.

The property has recently been improved and simply requires the addition of flooring to complete the accommodation.

To the first floor are two generous double bedrooms, served by a fitted family bathroom.

Externally, the property benefits from a private side and rear garden, offering an excellent outdoor space to enjoy throughout the year.

A private driveway provides off-street parking and leads to a single garage, offering additional storage or secure parking.

Ideally situated within a popular residential area close to local amenities, schools and transport links, this property is offered with no onward chain, making it an attractive and straightforward purchase.

For investors, the property offers a potential rental income of approximately £650 PCM, subject to market conditions and any necessary compliance requirements.

Early viewing is highly recommended to fully appreciate the potential this home has to offer. For sale through Pattinson Auction under Conditional Terms.

Council Tax Band: A Tenure: Freehold Auctioneers Additional Comments   Pattinson Auction are referred to as The Auctioneer.

This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.

The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.

The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.

Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.

The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments   The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.

The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.

An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.

The Legal Pack will also outline the buyers obligations and sellers commitments.

It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments   In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.

The deposit will form part of the purchase price.

A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.

Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.

There is no requirement or obligation to use any recommended suppliers or services.