2 bed terraced house for sale

Stanley Street, Seaham, County Durham SR7

Located on a desirable street in Seaham, this two-bedroom terraced bungalow offers a promising refurbishment opportunity and is available for sale via auction in partnership with iamsold. The property comprises an entrance hallway leading into a spacious open-plan lounge and dining area, two bedrooms, a galley-style kitchen with a rear lobby, and a bathroom situated at the back. Outside, there are gardens to both the front and rear, providing potential for landscaping or outdoor enjoyment. While the home is in need of renovation and is sold as seen, it benefits from a heat pump heating system, offering energy-efficient comfort. This is an ideal prospect for investors or buyers seeking a project in a sought-after coastal location.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.