FOR SALE BY AUCTION

Online Auction Online Auction Thursday 29th May 2025

10:00 am - Bidding opens 24 hours prior

A modern two bedroom ground floor flat with a garage and a good size westerly facing back garden, occupying a cul de sac position within this popular residential estate. The flat would be suitable for first time buyers or investors. Rental evidence from 2024/2025 shows asking rents for similar properties between £550pcm and £650pcm, producing a potential yield between 12% and 14%. The property is currently let, with tenants due to vacate on 24th April 2025. The accommodation includes a hall, living room, kitchen, two bedrooms and a bathroom/wc. There is a good-sized north-westerly facing back garden and a garage in the nearby block. It has uPVC double glazing and gas-fired central heating via radiators with a replacement combination boiler (2023).

Wensley Close forms part of the established housing within Urpeth Grange. The popular development is only a few minutes’ drive from Chester le Street and Birtley town centres where a full range of shops, schools and amenities are available. There are village shops and a school a short distance away. Excellent road links allow easy access to Gateshead, Newcastle upon Tyne, Durham City and Sunderland.

MATERIAL INFORMATION:

In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance

PART A

Local Authority – Durham County Council

Council Tax Band – A

Tenure – Leasehold

Lease Term: 99 years from 1 March 1975

Unexpired Term: 48 years.

Ground Rent: £15 per annum.

PART B

Property Type – Ground floor flat

Property Construction – Standard

Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls unless otherwise indicated

Electricity supply – Mains

Water Supply – Mains, not metered.

Sewerage – Mains

Heating – Gas boiler with radiators

Estimated Mobile phone coverage – Please refer to the Ofcom Website - https://checker.ofcom.org.uk/en-gb/mobile-coverage

Estimated Broadband Download speeds – please refer to the Ofcom Website – https://checker.ofcom.org.uk/en-gb/broadband-coverage

Parking- Garage in block

PART C

Building Safety – (The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm)

Restrictions – None

Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.

Selective licencing area – No

Article 4 Planning Restricted Area - No

Rights & Easements- None

Flood risk – Rivers and Seas: Very Low. Surface Water: Very Low.

Coastal Erosion – N/A

Planning Permission – None current

Accessibility/Adaptations – None

Mining Area – Coal Mining Reporting Area, further searches may be required.

No other Material Information disclosures have been made by the vendor. This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.

Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgment on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.

Agents Property Auction Note 1

The Agents Property Auction have not inspected this property, and J W Wood has supplied the property details. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors before exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No staff member has any authority to make or give representation or warranty concerning this property.

For sale by auction, see www.agentspropertyauction.com

Agents Property Auction Note 2

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level at which the bidding will commence. The reserve price is the seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can change up to and including the auction day. The successful buyer pays a £2,000+vat (total £2,400) Auction Administration Fee. We can refer you to a North East-based Solicitor from our panel at your request. It is your decision whether you choose to deal with them. Should you decide to use them, you should know that we would receive a referral fee of £120 including VAT from them, for the recommendation.

Agents Property Auction Note 3

A copy of the title is available upon request. We recommend that all potential buyers seek legal advice and satisfy their requirements before purchasing.