***REDUCED BY £100,000**** **FOR SALE BY AUCTION**
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% Inclusive of Vat. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.
Brackenhill House offers a totally unique opportunity to acquire a magnificent house, aswell as six residential building plots within the walled eight acre grounds.
Continued: - Brackenhill House was built in the 1930's by the Horden and Blackhall Coal Company as a Colliery officials house, but to a design which gives it an older and more elegant appearance. The accommodation now combines six spacious bedrooms, two bathrooms, four receptions, including a magnificent oak hall, staircase and landing with modern features including a stylish kitchen, sauna and oil central heating.
Planning Permission: Planning Permission has been granted for the development of six executive detached houses within the grounds. Each of the plots are generous, but the size of the site ensures that Brackenhill House will retain a substantial garden.
Agents Notes: - BUILDING PLOTS & PLANNING:
Planning Permission has been granted by Durham County Council under number APP/X1355/W/15/3022942. This is "outline" permission for six executive dwellings.
Interested parties are invited to make their own enquiries of Durham County Council, particularly in relation to any variations and amendments to the plans shown. Please note the following...
1: Developments of the plots will necessitate the provision of services and improved access to each of the sites.
2: Each plot will require detailed planning and building regulation approval before the commencement of the development of individual plots.
3: Development will need to have regard for the preservation of trees
4: No environmental or ground condition surveys have been undertaken. These will be the responsibility of the buyer.
5: Tenure - Freehold
6: Services - No Gas To Site
Location: - Brackenhill House is situated adjacent but far enough away from the A19 in an excellent position for commuting. The site benefits from connections to major roads, the East Coast Railway Link and Newcastle International Airport is approximately 25 miles away.
Access is via the village road from the south entrance of Shotton Colliery. Major Commercial centres of Tyneside as well as the splendour's of Durham City are all within comfortable distance.
Major commercial centres such as Newcastle,Durham,Darlington,Sunderland and Teeside are easily reached. Durham station is 8 miles away giving ready access to London via the rail line link.
Within a short drive access to the Durham Dales, Wearside National Park and Durham Moors is gained, beyond the delights of North Yorkshire , the Lake District and East Yorkshire Coast.
Viewings: - Strictly By Appointment.
Tel: 01740 645 444