Land for sale

Old Penshaw, Houghton Le Spring, Tyne And Wear DH4

Offered for sale by modern method of auction is the parcel located at the edge of Penshaw. Measuring approximately 1.25 acres with roadside access. The land lies in greenbelt and therefore is ideal for arable use and possibly equestrian (subject to necessary consents). With views across open countryside and the Penshaw Monument. Freehold.

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 (Iamgold).

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

A Buyer Information Pack is provided. The buyer 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