Detached house · DH8 6QN
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Interested parties should contact Knight Frank Auctions for further information.
Description The site occupies an area of 1.99 hectares (4.92 acres) and currently comprises the Manor House, a former residential care home.
The former care home has been vacant for a number of years and is in a poor state of repair. The site borders woodland to the west.
To the north, the site borders undeveloped greenfield land and contains a tree line which extends round to the residential properties which abut the site to the east.
The south of the site is bound by Manor Road (B6310) which provides the primary access.
Site Area 4.92 Acres Tenure Freehold Tenancy Vacant Planning The site may be suitable for a residential development subject to all necessary consents and permissions.
A previous consent was granted in 2015 for the development of 14 dwellings through conversion and new build (Ref. No: DM/14/03553/fpa ).
"Conversion of Manor House Care Home into three dwellings and the development of 11 new houses on the site adjacent to the Care Home".
All interested parties must satisfy themselves with relevant information from Durham County Council.
Local authority Durham County Council - Viewing Viewings strictly by appointment only Location The site is located off Manor Road in Medomsley, an attractive village situated approximately 2 miles northeast of the town of Consett in County Durham.
Nestled in a semi-rural setting with scenic views of the surrounding countryside, the village offers a good local amenity including a shop, several country pubs and a village hall.
Medomsley is a popular residential area and its proximity to the A692 road offers convenient access to the A1, making it a popular commuter location for Newcastle, Gateshead and the wider region.
Occupancy Vacant The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.
Auction Details The sale of this property will take place on the stated date by way of and is being sold as Unconditional. Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.
Auctioneer Fees and Deposit The following deposits and non-refundable auctioneer fees apply: • 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.
Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions website.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price.
The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
A full definition can be found within the Buyers Terms.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
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Area
Agent & docs
FAQ
About 61, Manor Road, Medomsley
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