GREAT NORTH 0191 2390 802 PROPERTY AUCTION www.greatnorthpropertyauction.co.uk iamsold

Public Auction Date: Wednesday 4th July Venue: Emirates Riverside Cricket Ground, Chester le Street, DH3 3QR

LOTS IN THIS BROCHURE 80

PRICE RANGING FROM £10,000- £295,000

SOLD IN OUR LAST AUCTION EVENT 80%

ESTATE AGENT BRANCHES

120+ covering:

Northumberland Tyne & Wear County Durham Teesside North Yorkshire

Live Auction Date: Wednesday 4th July Register From: 18:30 Auction Starts: 19:00 Emirates Riverside Cricket Ground, Chester le Street, DH3 3QR

1 VENUE GREAT NORTH PROPERTY AUCTION EVENT CALENDAR 2018

New Venue: Emirates Riverside Cricket Ground, Chester le Street, DH3 3QR Emirates Riverside Cricket Ground Chester le Street DH3 3QR

Tel: 0191 387 1717 Visit: www.durhamccc.co.uk

Registration at 6.30pm Auction begins at 7.00pm

DIRECTIONS

From the A1(M) take exit 63 and follow the A167 towards Chester le Street. The venue should be sign posted from here, however, continue on the A167, Park Road North, over the first roundabout, past the BP/M&S garage. Take the first left at the next roundabout and turn on to Ropery Lane. At the next roundabout turn right, 3rd exit.

ATTEND FOR FREE

If you don’t want to register to bid, but are interested in the auction process or potentially selling at auction, you can attend our events to see what it’s like. You can also ask our auction team any questions you may have, for example:

Is my property suitable for auction? Any type of property is suitable for sale by auction. Lots range from traditional residential properties from all price ranges, style and condition, new-build development, tenanted investments, developments sites and all sectors of commercial property. Selling through auction is the preferred method of sale in the USA, Canada, and in mainland Europe.

If you are interested in selling by auction and would like to speak to someone sooner, don’t hesitate to contact our Great North Auction team on 0191 2390 802.

2 3 AUCTION DAY PROCEDURE OUR METHODS OF AUCTION

Before placing a bid we strongly advise that you provide a reservation fee or deposit. We will then carry out market research and due diligence on prepare the acknowledgement of reservation form any property you are interested in bidding on. for you to sign using the details provided. Exchange Modern Method of Auction Make sure to review any legal documents we may will aim to take place within 28 days, under the The Modern Method of Auction is different to have for the subject property. We recommend that supervision of your solicitor upon receipt of Draft traditional auction procedures in the UK, in that it is before bidding you visually inspect the property Contract. Please do not leave the auction room conditional. This means that the sale is not legally internally and are completely happy with what’s without paying your deposit or reservation fee and binding once a bid is accepted. The successful on offer. signing the relevant paperwork. bidder is required to pay a Buyers Reservation Fee/ Deposit and sign a Reservation Agreement. The Registration property is then reserved to the buyer. The buyer TRADITIONAL AUCTION You will require photographic I.D. and proof of If The Lot You Want Is Unsold and seller are then required to unconditionally address to obtain a bidding paddle to enable you to If a lot fails to reach its reserve in the room and you exchange contracts and complete the transaction bid at a property auction. If you intend to bid please wish to buy it, ensure you register your highest bid within 56 days. remember to bring with you your debit/credit card with us before you leave the room. We will contact MODERN AUCTION or bankers draft for your Reservation Fee and the the vendor and ask them for their instructions and Traditional Method of Auction required identification. Please also bring the contact contact you if we think that a sale after the auction This is an Unconditional Auction where on details of the solicitor you intend to use. is negotiable. Alternatively, call us in the office after acceptance of an offer or on the fall of the the sale. hammer the buyer will pay up to a 10% deposit and Bidding For Your Lot exchange of contracts is immediate. Both parties When the auctioneer announces your lot he will also Bidding Prior to the Auction are then legally bound to buy and sell. Traditional bring to your attention any last minute items which Any bid or registration of interest must be presented Auctions are mainly used by the investment market you should be aware of. He will read the full address to the vendor in real time which may lead to a for properties that attract significant interest from of the property, so please double check before property being sold prior to the auction event. Buyers professional investors. The residential sector can bidding that this is the lot that you are interested in. are urged to register their interest early to avoid any find it harder to buy through a traditional auction The current lot number is usually displayed with a disappointment. If you require any assistance with because there is a limited amount of time to put photograph on screens at the front of the room. The finance or conveyancing then speak to a member of finance in place, meaning many purchases through auctioneer will invite bids at a particular level and the auction team who will be happy to provide quotes a traditional auction are cash based. you can make this bid by raising your paddle, hand from our specialist panel. or catalogue. If you wish to make a bid other than the The Verdict auctioneer calls, please shout out your bid and the Whilst the Traditional Auction is useful for disposing auctioneer may or may not accept it. The property of investment stock to the investment market quickly will be ‘knocked down’ to the highest bidder – but and efficiently, the residential market requires more not until the auctioneer warns you by saying ‘going, than this. The Modern Method offers the ability to going, gone’. Never delay until the last second with maximise the level of interest from a broad range of Remember! If you’re not planning to attend your bid – you may lose it. Remember, there may be the auction, but would like to bid by proxy or buyers, in turn creating the best sales price in the 300+ people in the room and unless your bid is clear phone, you must fill and return the form in current market but still benefiting from the security of the auctioneer may not see you. this catalogue or contact the team to a non refundable reservation fee or deposit and a pre-register on: fixed date to move and sell. 0191 2390 802 On The Fall Of The Hammer [email protected] If you are the successful bidder, a member of the auction team will approach you and ask you to follow them to the sales room. You will be asked to

4 5 GLOSSARY OF COMMON AUCTION TERMS

Addendum deposit is held as a reservation against the subject PROOF OF IDENTIFICATION This is the document published on the day of the property. If the sale falls through due to auction containing all changes and additions to an act or action of the vendor, the deposit Important notice! becomes repayable to the buyer in full. All successful bidders must provide Proof of Identity Anyone attending our auction events and the details within the catalogue. It is important and Proof of Address in order for us to comply with wishing to bid will be required to provide that you read this document before bidding to see money laundering regulations. acceptable identification before being issued if there is anything significant listed against your Exchange of Contracts lot. We will be compiling these amendments right The buyer will sign the contract for sale and with a bidding paddle. up until the auction day. The most up to date copy send it to the seller, who also signs it. This is the Original documents must be provided. is always available from our Auction Department. point at which both parties are legally obliged to Photocopies are not accepted. The Addendum forms part of the contract of sale. complete the transaction and will usually aim to take place 28 days after the buyer’s solicitor is in Reserve Price receipt of draft contracts. At this point there is a This is the minimum price that is acceptable to legal obligation for the purchaser to buy and the the vendor for selling their lot in the auction. We vendor to sell. Proof of Identity Tick List Proof of Address Tick List do not publish Reserve Prices; this figure is a private agreement between the vendor and the Completion of Contracts auctioneer, however as a guide the Reserve is This is when the purchase becomes final. Current Signed Passport Current full UK Driving Licence** (Provisional licenses not accepted). generally around 10% in excess of the Starting The purchase price is paid in full by the buyer’s Current Full UK/EU Photo Card Driving Bid. Both the Starting Bid and Reserve can be conveyancer and received by the seller’s Licence** A utility bill issued in the last three months subject to change. conveyancer. The seller must move out of the (Not a mobile phone bill) property on this date and release the keys to Current full UK Driving Licence** (old style)** Reservation Fee the buyer. (Provisional licenses not accepted). Local Authority tax bill (Current year) Unless otherwise stated, each property is sold Resident permit issued by the Home Office subject to a Reservation Fee of 4.2% including Special Conditions Of Sale to EU Nationals. Bank / Building Society / Credit Union VAT to a minimum of £6,000 including VAT. If In addition to these ‘general’ conditions statement containing current address. you are interested in a particular lot please speak applicable to each lot the vendor’s solicitor may Inland Revenue Tax Notification. to a member of the team before you bid and draft additional terms applicable to their individual Most recent original mortgage statement clearly read the Terms & Conditions attached to lot – these are the Special Conditions. from a UK lender. the property. Please note that the Reservation Fee is in addition to the final negotiated selling These are not printed in the catalogue and are price, and is paid on a non-refundable basis. It is available for free from the Auction Department held as a reservation against the subject property if applicable. They form part of the Contract of until exchange of contracts take place. If the sale Sale. It is important that you satisfy all of your falls through due to the vendor breaching the legal enquiries and are aware of all conditions DEPOSITS / RESERVATION FEES terms of the agreement the Reservation Fee or (including any Addendum) before you bid at deposit becomes repayable to the buyer in full. auction.

Deposits and /or fees will be accepted by one of Reservation Deposit Energy Performance Certificate (EPCs) the following methods: Under this method of sale the buyer will be EPCs contain information on your home’s required to pay a Reservation Deposit. The energy use and typical energy costs, with Banker’s Draft, Debit / Credit Cards. Reservation Deposit is calculated against the recommendations on how to reduce energy final negotiated selling price at NO CASH OR CHEQUES WILL BE ACCEPTED 3.5% subject to use and save money. a minimum of £6,000. The deposit is taken as a part payment of the final negotiated selling price Auction Catalogue and will be deducted from the balance of the final Details of the property and land to be sold are *We reserve the right to conduct a soft imprint online identification search on any successful buyer. selling price upon completion of contracts. The set out in this catalogue. All lots are sold subject * **Current full UK/EU driving license cannot be used to prove both ID and address. This document can only identify ID or address. deposit is taken on a non-refundable basis. The to Special Conditions of Sale. It is important that

6 7 LOT LIST LIVE AUCTION EVENT

Lot Address Starting Bid Agents prospective purchasers satisfy themselves as to bidding facility is disabled. If you wish to place 01 12 Sowerby Street, Sacriston, Durham, County Durham £40,000 Sylvester Properties the location, boundaries, condition and state of a pre auction offer you will need to speak with a the lots before the auction. member of the Auction Team who will explain the 02 19 Britannia Terrace, Houghton Le Spring, Tyne and Wear £27,000 Hegartys Estate Agents process to you. The vendor can consider offers prior Starting Bids to the live auction, but this is at their discretion to 03 8 Primrose Street, Sunderland, Tyne and Wear £60,000 Thomas Watson These are prices published for each property and do so. The auctioneers or vendors cannot be held 04 24 Wylam Avenue, Darlington, County Durham £64,950 Carver Residential are the level at which the bidding will commence. responsible for costs incurred in respect of any lot They are for guidance only and are not Reserve which is withdrawn or sold prior to auction. 05 30 Surtees Street, Bishop Auckland, County Durham £25,000 Robinsons Prices. They may occasionally change during 5 Ruby Street, Shildon, County Durham Lifestyle Property the marketing period. Each Starting Bid has a 06 £25,000 corresponding Reserve Price that is usually in Buyer Information Pack 07 26 Mozart Street, South Shields, Tyne and Wear £40,000 Goldfinch excess of the starting price. A Buyer Information Pack is a range of legal documents prepared before the property 08 16 High Street, Eldon Lane, Bishop Auckland, County Durham £35,000 Robinsons Insurance is sold via auction. This gives the buyer 09 40 Edward Street, Hetton-le-Hole, Houghton Le Spring, County Durham £25,000 Your Move Chris Stonock Unless indicated to the contrary, the seller a chance to view the legal aspects of the will continue to be responsible for insuring the property before purchasing. 10 1a Hawthorn Terrace, Bishop Middleham, Ferryhill, County Durham £17,500 Dowen Estate Agency property until completion. The pack includes: Property Information 11 32 Queens Crescent, Sunderland, Tyne and Wear £63,000 Peter Heron Viewing forms, Fixture and Fittings forms, official Land 12 5 Beverley Villas, Cullercoats, North Shields, Tyne and Wear £45,000 Cooke & Co Due to the nature and condition of auction Registry Documents, Title Plan, Local Search properties, we highlight the potential risk that and Water and Drainage Search, leasehold 13 14 Bridge Street, Howden Le Wear, Crook, County Durham £25,000 Lifestyle Property viewing such properties carries and advise all to documents if applicable and auction Terms proceed with caution and take necessary actions and Conditions. 14 93b Slatyford Lane, Newcastle Upon Tyne, Tyne and Wear £70,000 Jan Forster Estates to ensure their own safety whilst viewing any lot 15 28 Woodland Terrace, Darlington, County Durham £150,000 Carver Residential in this catalogue. Viewings are conducted entirely The successful purchaser will be required at your own risk, these properties are not owned to pay £200 including VAT for the preparation 16 16 Villette Road, Sunderland, Tyne and Wear £15,500 Good Life or controlled by the Auction Department and we of the Buyer Information Pack. 5 Dykes Walk, Newton Aycliffe, County Durham Elvet Estates Limited cannot be held liable for loss or injury caused 17 £45,000 while viewing or accessing any lot. Due to the Once the property is sold, the pack will be 18 21 Stobb Cross Road, West Cornforth, Ferryhill, County Durham £45,000 EasyProperty nature of some auction properties, electricity forwarded to the solicitors involved to ensure may not be turned on therefore viewing times a speedy exchange and completion. 19 19 Hastings Gardens, New Hartley, Whitley Bay, Tyne and Wear £70,000 Reeds Rains are restricted. 20 39 Hunter Terrace, Grangetown, Sunderland, Tyne and Wear £89,000 Dowen Estate Agency

The Legal Aspect 21 13/14 Upper Crone Street, Shiremoor, Newcastle Upon Tyne, Tyne and Wear £70,000 Cooke & Co The legal aspect of buying at auction is a contractual commitment. Before making an If you have any queries or further questions 22 44 Victoria Avenue, Newcastle Upon Tyne, Tyne and Wear £100,000 Jan Forster Estates offer prior to auction or bidding at the auction it regarding the information in this catalogue, 23 3 High Street, Ferryhill, County Durham £20,000 Reeds Rains is advisable to consult a solicitor regarding the don’t hesitate to speak to a member of our General and Special Conditions of Sale, the Local auction team who will be able to offer you sound 24 15 Balmoral Terrace, East Herrington, Sunderland, Tyne and Wear £125,000 Your Move Authority Search and other legal documentation. advice. You can contact us by telephone, email 10 Mill Race, Wolsingham, Bishop Auckland, County Durham Robinsons or alternatively visit our website: 25 £105,000 Pre Auction Offers www.greatnorthpropertyauction.co.uk 26 South Bank Business Centre, Middlesbrough Road East, Middlesbrough, Cleveland £99,950 Browns Estate Agency If a property has been entered to a live auction room at one of our regional auctions the online 27 9 Bridge Street, Alnwick, Northumberland £115,000 George F White

28 8 Oak Terrace, Murton, Seaham, County Durham £52,000 Dowen Estate Agency Disclaimer Particulars within this catalogue are believed to be correct but their accuracy is not guaranteed. Information relating to rating matters has been 8 Grange Road, Durham, County Durham obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authority. All measurements, 29 £110,000 Reeds Rains areas and distances are approximate only. Potential purchasers are advised to check them. 8 9 Lot Address Starting Bid Agents Lot Address Starting Bid Agents

30 20 Cosgrove Avenue, Bishop Auckland, County Durham £32,000 Dowen Estate Agency 59 81 Main Street, Shildon, County Durham £30,000 Dowen Estate Agency

31 39 Severn Way, Darlington, County Durham £45,000 Robinsons 60 49 John Street, Beamish, Stanley, County Durham £27,000 Reeds Rains

32 65 River View Low Street, Sunderland, Tyne and Wear £50,000 Thomas Watson 61 8 Vyner Street, Close House, Bishop Auckland, County Durham £10,000 Reeds Rains

33 Woodland Care Ltd, 28 Market Place, Bishop Auckland, County Durham £295,000 Dowen Estate Agency 62 7 South Avenue, Ryton, Tyne and Wear £200,000 Your Move

34 91 Lilywhite Terrace, Easington Lane, Houghton Le Spring, Durham £25,000 Your Move Chris Stonock 63 11 Morton Close, Auckland Park, Bishop Auckland, County Durham £95,000 Robinsons

35 10 Ruislip Road, South Hylton, Sunderland, Tyne and Wear £90,000 Dowen Estate Agency 64 14 Thornley Road, Newcastle Upon Tyne, Tyne and Wear £70,000 Northwood

36 50 Park Lane, Blaydon-on-tyne, Tyne and Wear £130,000 Reeds Rains 65 23 Basingstoke Road, Peterlee, County Durham £39,950 Dowen Estate Agency

37 1 St. Cuthberts Garth, Bamburgh, Northumberland £165,000 Your Move 66 48 Cheltenham Terrace, Heaton, Newcastle Upon Tyne, Tyne and Wear £170,000 Jan Forster Estates

38 16 Oaklea Terrace, Bishop Auckland, County Durham £39,950 Robinsons 67 7 Rekendyke Mews, Laygate, South Shields, Tyne and Wear £54,000 Goldfinch

39 111 Osborne Avenue, South Shields, Tyne and Wear £57,000 Goldfinch 68 Chesterfields, Apartment 7 Stanhope Road South, Darlington, County Durham £90,000 Robinsons

40 76 Park Road, Witton Park, Bishop Auckland, County Durham £17,000 Dowen Estate Agency 69 26 Oakdene Avenue, Darlington, County Durham £199,950 Ann Cordey

41 52 St. Leonard Street, Hendon, Sunderland, Tyne and Wear £17,500 Dowen Estate Agency 70 14 Charterhouse Street, Hartlepool, Cleveland £17,500 Sillars Properties

42 106 Linbridge Drive, Newcastle Upon Tyne, Tyne and Wear £70,000 Fairs Estates 71 6 Merrybent, Darlington, County Durham £200,000 Carver Residential

43 19 Matfen Close, Blyth, Northumberland £58,500 Reeds Rains 72 68 Dene Crescent, Wallsend, Tyne and Wear £55,000 Your Move

44 16 Rosehill, Great Ayton, Middlesbrough, Cleveland £210,000 Roseberry Newhouse 73 29 Thelma Street, Off Chester Road, Sunderland, County Durham £39,950 Dowen Estate Agency

45 27 Jesmond Terrace, Whitley Bay, Tyne and Wear £105,000 Your Move 74 Old Coach House, Percy Terrace, Durham, County Durham £165,000 Your Move Chris Stonock

46 19 Grasmere Street, Hartlepool, Cleveland £20,000 Robinsons 75 4 Townsville Avenue, Whitley Bay, Northumberland £180,000 Your Move

47 29 North Street, Spennymoor, County Durham £25,000 Dowen Estate Agency 76 10 Mostyn Terrace, Cockfield, Bishop Auckland, County Durham £45,000 Dowen Estate Agency

48 20 Wood Street, Spennymoor, County Durham £29,000 Robinsons 77 3 Park View, Hetton-le-Hole, Houghton Le Spring, Durham £85,000 Hegartys Estate Agents

49 100 Candlish Street, South Shields, Tyne and Wear £50,000 Goldfinch 78 5 Murton Lane, Easington Lane, Houghton Le Spring, County Durham £25,000 Dowen Estate Agency

50 7 Kyo Road, Stanley, County Durham £60,000 Your Move Chris Stonock 79 46 Hillheads Court, Whitley Bay, Tyne and Wear £75,000 Jan Forster Estates

51 15 Berrybank Crest, Darlington, County Durham £90,000 Robinsons 80 31 Barley Mill Road, Consett, Consett, Durham £95,000 Reeds Rains

52 40 Eggleston View, Darlington, County Durham £64,950 Robinsons

53 61 Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne and Wear £130,000 Jan Forster Estates

54 10 Lieven Street, Hazlerigg, Newcastle Upon Tyne, Tyne and Wear £45,000 Jan Forster Estates

55 101 Devonworth Place, Blyth, Northumberland £70,000 Reeds Rains

56 11 Regency Drive, Hartlepool, Cleveland £85,000 Robinsons

57 149 Byerley Road, Shildon, County Durham £25,000 Dowen Estate Agency

58 15 Davenport Road, Yarm, Cleveland £144,000 Your Move

10 11 LOT 1 LOT 4

Starting Bid: £40,000 Starting Bid: £64,950 12 Sowerby Street 24 Wylam Avenue Sacriston, Durham Darlington County Durham County Durham DH7 6NQ DL1 2QA

Terraced House Front Garden Terraced House Garden 3 Bedrooms Enclosed Yard 2 Bedrooms Single Garage 2 Reception Rooms EPC: C 1 Reception Room EPC: D 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold

Stanley: 0191 500 5252 Darlington: 01325 357807

LOT 2 LOT 5

Starting Bid: £27,000 Starting Bid: £25,000 19 Britannia Terrace 30 Surtees Street Houghton Le Spring Bishop Auckland Tyne and Wear County Durham DH4 6LJ DL14 7DH

Terraced House Yard Terraced House Rear Yard 2 Bedrooms Gas Central Heating 2 Bedrooms uPVC Double Glazing 2 Reception Rooms Tenure: Freehold 1 Reception Room Tenure: Freehold 1 Bathroom 1 Bathroom

Houghton-le-Spring: 0191 512 4940 or 0845 Bishop Auckland: 01388 458111 241 7608

LOT 3 LOT 6

Starting Bid: £60,000 Starting Bid: £25,000 8 Primrose Street 5 Ruby Street Sunderland Shildon Tyne and Wear County Durham SR4 0PH DL4 1JD

Mid Terraced House Rear Yard Terraced House Large Rear Yard 3 Bedrooms Close to Metro 2 Bedrooms Gas Central Heating 2 Reception Rooms EPC: C 1 Reception Room EPC: D 1 Bathroom Tenure: TBC 1 Bathroom Tenure: Freehold

Sunderland: 0191 5142020 Bishop Auckland: 01388 601389

1 2

12 13 LOT 7 LOT 10

Starting Bid: £40,000 Starting Bid: £17,500 26 Mozart Street 1a Hawthorn Terrace South Shields Bishop Middleham, Ferryhill Tyne and Wear County Durham NE33 3LE DL17 9AX

Flat Rear Yard Apartment uPVC Double Glazing 2 Bedrooms uPVC Double Glazing 1 Bedroom Gas Central Heating 1 Reception Room EPC: D 1 Reception Room Tenure: Leasehold 1 Bathroom Tenure: Leasehold 1 Bathroom

South Shields: 01914274959 Sedgefield: 01740 623999

LOT 8 LOT 11

Starting Bid: £35,000 Starting Bid: £63,000 16 High Street 32 Queens Crescent Eldon Lane, Bishop Auckland Sunderland County Durham Tyne and Wear DL14 8TD SR4 7JN

Terraced House Rear Yard Cottage No Chain 3 Bedrooms No Upper Chain 2 Bedrooms Rear Yard 2 Reception Rooms EPC: D 2 Reception Rooms EPC: E 1 Bathroom Tenure: TBC 1 Bathroom Tenure: Freehold

Bishop Auckland: 01388 458111 Fawcett Street: 0191 5103323

LOT 9 LOT 12

Starting Bid: £25,000 Starting Bid: £45,000 40 Edward Street 5 Beverley Villas Hetton-le-Hole, Houghton Le Cullercoats, North Shields Spring Tyne and Wear County Durham NE30 3EB DH5 9EL

Flat Communal Parking Terraced House Rear Yard 1 Bedroom No Upper Chain 2 Bedrooms No Chain 1 Reception Room EPC: D 1 Reception Room Tenure: Freehold 1 Bathroom Tenure: Leasehold 1 Bathroom

Houghton Le Spring: 01915 844159 Whitley Bay: 0191 251 0011 3 4

14 15 LOT 13 LOT 16

Starting Bid: £25,000 Starting Bid: £15,500 14 Bridge Street 16 Villette Road Howden Le Wear, Crook Sunderland County Durham Tyne and Wear DL15 8EX SR2 8RJ

Terraced House Rear Yard Flat Yard 3 Bedrooms No Chain 2 Bedrooms uPVC Double Glazing 2 Reception Rooms EPC: D 1 Reception Room EPC: E 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold

Bishop Auckland: 01388 601389 Sunderland Branch: 0191 565 6655

LOT 14 LOT 17

Starting Bid: £70,000 Starting Bid: £45,000 93b Slatyford Lane 5 Dykes Walk Newcastle Upon Tyne Newton Aycliffe Tyne and Wear County Durham NE5 2UQ DL5 5DT

Semi Detached House Rear Garden Semi Detached House Local Amenities 3 Bedrooms Off Street Parking 3 Bedrooms Garden 1 Reception Room EPC: D 1 Reception Room EPC: E 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold

Gosforth: 0191 284 4050 Durham: 0191 375 7000

LOT 15 LOT 18

Starting Bid: £150,000 Starting Bid: £45,000 28 Woodland Terrace 21 Stobb Cross Road Darlington West Cornforth, Ferryhill County Durham County Durham DL3 9NU DL17 9HA

Terraced House Good Opportunity Semi Detached House Garden Area 5 Bedrooms Local Amenities 2 Bedrooms Driveway 2 Reception Rooms EPC: F 1 Reception Room Tenure: Freehold 2 Bathrooms Tenure: Freehold 1 Bathroom

Darlington: 01325 357807 easyProperty0144: 07976645705

5 6

16 17 LOT 19 LOT 22

Starting Bid: £70,000 Starting Bid: £100,000 19 Hastings Gardens 44 Victoria Avenue New Hartley, Whitley Bay Newcastle Upon Tyne Tyne and Wear Tyne and Wear NE25 0RN NE12 8AX

Terraced House Gardens End Terraced House Garden 3 Bedrooms No Chain 3 Bedrooms Conservatory 1 Reception Room Tenure: Freehold 1 Reception Room EPC: E 1 Bathroom 1 Bathroom Tenure: Freehold

Cramlington: 01670739030 Forest Hall: 0191 605 3134

LOT 20 LOT 23

Starting Bid: £89,000 Starting Bid: £20,000 39 Hunter Terrace 3 High Street Grangetown, Sunderland Ferryhill Tyne and Wear County Durham SR2 8SB DL17 0AG

Semi Detached House No Chain Terraced House RearYard 3 Bedrooms Front & Rear Garden 2 Bedrooms Investment Opp 2 Reception Rooms Tenure: Freehold 1 Reception Room EPC: D 1 Bathroom 1 Bathroom Tenure: Freehold

Sunderland: 0191 5142299 Ferryhill: 01740 651243

LOT 21 LOT 24

Starting Bid: £70,000 Starting Bid: £125,000 13/14 Upper Crone Street 15 Balmoral Terrace Shiremoor, Newcastle Upon East Herrington, Sunderland Tyne Tyne and Wear SR3 3PR Tyne and Wear NE27 0HP Bungalow Long Driveway Terraced House Off Street Parking 2 Bedrooms Gardens 2 Reception Rooms Tenure: Freehold 2 Bedrooms Yard 1 Bathroom 1 Reception Room EPC: F 1 Bathroom Tenure: Freehold Sunderland: 0191 567 4095 Whitley Bay: 0191 251 0011 8 7

18 19 LOT 25 LOT 28

Starting Bid: £105,000 Starting Bid: £52,000 10 Mill Race 8 Oak Terrace Wolsingham, Bishop Auckland Murton, Seaham County Durham County Durham DL13 3BW SR7 9BJ

Terraced House Spare Parking Terraced Bungalow No Chain 3 Bedrooms Rear Garden 2 Bedrooms Double Glazing 1 Reception Room EPC: E 1 Reception Room EPC: D 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold

Crook: 01388 763477 Seaham: 0191 5813355

LOT 26 LOT 29

Starting Bid: £99,950 Starting Bid: £110,000 South Bank Business Centre 8 Grange Road Middlesbrough Road East, County Durham Middlesbrough County Durham Cleveland DH1 1AW TS6 6TZ

Semi Detached House Rear Garden The buildings could be reutilised or indeed the site could be 5 Bedrooms Garage/Driveway cleared to provide compound or vehicle sales forecourt, or 1 Reception Room Tenure: TBC indeed for development subject to the necessary planning permissions. We understand the overall site extends to 1 Bathroom approximately 0.75 of an acre.

Stockton: 01642 677411 Durham: 0191 384 1222

LOT 27 LOT 30

Starting Bid: £115,000 Starting Bid: £32,000 9 Bridge Street 20 Cosgrove Avenue Alnwick Bishop Auckland Northumberland County Durham NE66 1QY DL14 6PT

Terraced House Front Garden Semi Detached House Garage & Drive 4 Bedrooms Yard 3 Bedrooms Garden 2 Reception Rooms EPC: E 1 Reception Room EPC: E 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold

Alnwick Branch: 01665 603231 Bishop Auckland: 01388 607889

9 10

20 21 LOT 31 LOT 34

Starting Bid: £45,000 Starting Bid: £25,000 39 Severn Way 91 Lilywhite Terrace Darlington Easington Lane, Houghton Le County Durham Spring DL1 5BA County Durham DH5 0HF

Terraced House Rear garden 3 Bedrooms Double glazed Terraced House No Upward Chain 1 Reception Room Tenure: Freehold 2 Bedrooms Double Glazing 1 Bathroom 2 Reception Rooms Tenure: TBC 1 Bathroom

Darlington: 01325 484440 Houghton Le Spring: 01915 844159

LOT 32 LOT 35

Starting Bid: £50,000 Starting Bid: £90,000 65 River View Low Street 10 Ruislip Road Sunderland South Hylton, Sunderland Tyne and Wear Tyne and Wear SR1 2AT SR4 0ND

Apartment Close to Amenities Semi Detached House Gardens 2 Bedrooms Full Double Glazing 3 Bedrooms Driveway 1 Reception Room EPC: D 1 Reception Room EPC: C 1 Bathroom Tenure: Leasehold 1 Bathroom Tenure: Freehold

Sunderland: 0191 5142020 Sunderland: 0191 5142299

LOT 33 LOT 36

Starting Bid: £295,000 Starting Bid: £130,000 Woodland Care Ltd, 28 Market 50 Park Lane Place Blaydon-on-tyne Bishop Auckland Tyne and Wear County Durham NE21 6LU DL14 7NP

Semi Detached House Gardens 16 bedroom property situated in the market place of 2 Bedrooms Garage Bishop Auckland making this an excellent opportunity for 1 Reception Room Tenure: Freehold purchasers to pick up a substantial commercial property 1 Bathroom with massive potential.

Bishop Auckland: 01388 607889 Whickham: 01914883610

11 12

22 23 LOT 37 LOT 40

Starting Bid: £165,000 Starting Bid: £17,000 1 St. Cuthberts Garth 76 Park Road Bamburgh Witton Park, Bishop Auckland Northumberland County Durham NE69 7BY DL14 0EN

Semi Detached House Rear Garden Terraced House Yard 2 Bedrooms Sea Views 2 Bedrooms Double Glazing 2 Reception Rooms Tenure: Freehold 2 Reception Rooms Tenure: Freehold 1 Bathroom 1 Bathroom

Alnwick: 01665 603 443 Bishop Auckland: 01388 607889

LOT 38 LOT 41

Starting Bid: £39,950 Starting Bid: £17,500 16 Oaklea Terrace 52 St. Leonard Street Bishop Auckland Hendon, Sunderland County Durham Tyne and Wear DL14 6HH SR2 8QE

Terraced House Rear Yard Cottage No Chain 3 Bedrooms uPVC Double Glazing 2 Bedrooms EPC: F 1 Reception Room Tenure: Freehold 1 Reception Room Tenure: TBC 1 Bathroom 1 Bathroom

Bishop Auckland: 01388 458111 Sunderland: 0191 5142299

LOT 39 LOT 42

Starting Bid: £57,000 Starting Bid: £70,000 111 Osborne Avenue 106 Linbridge Drive South Shields Newcastle Upon Tyne Tyne and Wear Tyne and Wear NE33 3BX NE5 5DP

Flat Private Yard Semi Detached House Gardens 2 Bedrooms Garage 3 Bedrooms On Street Parking 2 Reception Rooms EPC: C 1 Reception Room EPC: D 1 Bathroom Tenure: Leasehold 1 Bathroom Tenure: Freehold

South Shields: 01914274959 Fenham: 0191 274 72 71 13 14

24 25 LOT 43 LOT 46

Starting Bid: £58,500 Starting Bid: £20,000 19 Matfen Close 19 Grasmere Street Blyth Hartlepool Northumberland Cleveland NE24 5DG TS26 9AT

End Terraced House Front Garden Terraced House Rear Yard 3 Bedrooms Local Amenities 2 Bedrooms uPVC Double Glazing 2 Reception Rooms EPC: D 1 Reception Room EPC: E 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold

Blyth: 01670366061 Hartlepool: 01429 891100

LOT 44 LOT 47

Starting Bid: £210,000 Starting Bid: £25,000 16 Rosehill 29 North Street Great Ayton, Middlesbrough Spennymoor Cleveland County Durham TS9 6BH DL16 6AW

Bungalow Double Garage Terraced House Rear Yard 4 Bedrooms Gas Central Heating 2 Bedrooms Local Amenities 2 Reception Rooms EPC: D 2 Reception Rooms Tenure: TBC 2 Bathrooms Tenure: Freehold 1 Bathroom

Stokesley: 01642 711111 Spennymoor: 01388 819900

LOT 45 LOT 48

Starting Bid: £105,000 Starting Bid: £29,000 27 Jesmond Terrace 20 Wood Street Whitley Bay Spennymoor Tyne and Wear County Durham NE26 2JE DL16 7AU

Flat Local Amenities Terraced House Yard To Rear 3 Bedrooms Maisonette 3 Bedrooms uPVC Double Glazing 2 Reception Rooms EPC: E 1 Reception Room EPC: E 1 Bathroom Tenure: TBC 1 Bathroom Tenure: Freehold

Whitley Bay: 0191 253 4117 Spennymoor: 01388 420444

15 16

26 27 LOT 49 LOT 52

Starting Bid: £50,000 Starting Bid: £64,950 100 Candlish Street 40 Eggleston View South Shields Darlington Tyne and Wear County Durham NE33 3JP DL3 9RQ

Flat No Onward Chain Semi Detached House Gardens 2 Bedrooms Rear Garage 3 Bedrooms No Chain 1 Reception Room EPC: E 1 Reception Room EPC: E 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold

South Shields: 01914274959 Darlington: 01325 484440

LOT 50 LOT 53

Starting Bid: £60,000 Starting Bid: £130,000 7 Kyo Road 61 Allendale Crescent Stanley Shiremoor, Newcastle Upon County Durham Tyne DH9 8SW Tyne and Wear NE27 0UE

Semi Detached House Off Street Parking 3 Bedrooms Gardens Semi Detached House Garage 1 Reception Room Tenure: TBC 3 Bedrooms Off Street Parking 1 Bathroom 2 Reception Rooms EPC: D 1 Bathroom Tenure: Freehold

Consett: 01207 504119 Whitley Bay: 0191 251 3000

LOT 51 LOT 54

Starting Bid: £90,000 Starting Bid: £45,000 15 Berrybank Crest 10 Lieven Street Darlington Hazlerigg, Newcastle Upon County Durham Tyne DL3 0BJ Tyne and Wear NE13 7AU Bungalow Gardens 2 Bedrooms Local Amenities Terraced House Gas Central Heating 1 Reception Room EPC: D 2 Bedrooms Double Glazing 1 Bathroom Tenure: Freehold 1 Reception Room EPC: D 1 Bathroom Tenure: TBC

Darlington: 01325 484440 Gosforth: 0191 284 4050

17 18

28 29 LOT 55 LOT 58

Starting Bid: £70,000 Starting Bid: £144,000 101 Devonworth Place 15 Davenport Road Blyth Yarm Northumberland Cleveland NE24 5AE TS15 9TN

Semi Detached House Gardens Bungalow Garage & Drive 3 Bedrooms No Upper Chain 3 Bedrooms Gardens 1 Reception Room EPC: D 2 Reception Rooms EPC: D 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold

Blyth: 01670366061 Yarm: 01642 783902

LOT 56 LOT 59

Starting Bid: £85,000 Starting Bid: £30,000 11 Regency Drive 81 Main Street Hartlepool Shildon Cleveland County Durham TS25 1LX DL4 1AN

Detached Bungalow Rear Garden Town House Garden 2 Bedrooms Single Garage 2 Bedrooms Local Amenities 1 Reception Room EPC: D 1 Reception Room Tenure: Freehold 1 Bathroom Tenure: Freehold 1 Bathroom

Hartlepool: 01429 891100 Bishop Auckland: 01388 607889

LOT 57 LOT 60

Starting Bid: £25,000 Starting Bid: £27,000 149 Byerley Road 49 John Street Shildon Beamish, Stanley County Durham County Durham DL4 1HT DH9 0QW

Terraced House Rear Yard Terraced House Street Parking 2 Bedrooms Local Amenities 3 Bedrooms Rear Yard 1 Reception Room EPC: D 1 Reception Room EPC: E 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: TBC

Bishop Auckland: 01388 607889 Stanley: 01207 237 777

19 20

30 31 LOT 61 LOT 64

Starting Bid: £10,000 Starting Bid: £70,000 8 Vyner Street 14 Thornley Road Close House, Bishop Auckland Newcastle Upon Tyne County Durham Tyne and Wear DL14 8RZ NE5 2AS

Terraced House Rear Yard Semi Detached House No Chain 3 Bedrooms Tenure: Freehold 2 Bedrooms Rear Garden 2 Reception Rooms 2 Reception Rooms Tenure: TBC 1 Bathroom 1 Bathroom

Crook: 01388767676 Newcastle upon Tyne: 0191 274 0119

LOT 62 LOT 65

Starting Bid: £200,000 Starting Bid: £39,950 7 South Avenue 23 Basingstoke Road Ryton Peterlee Tyne and Wear County Durham NE40 3LD SR8 2AR

Terraced House Rear Garden Terraced House Rear Garden 5 Bedrooms Local Amenities 2 Bedrooms Double Glazing 3 Reception Rooms EPC: G 1 Reception Room Tenure: Freehold 1 Bathroom Tenure: TBC 1 Bathroom

Crawcrook: 0191 413 5051 Peterlee: 0191 5180181

LOT 63 LOT 66

Starting Bid: £95,000 Starting Bid: £170,000 11 Morton Close 48 Cheltenham Terrace Auckland Park, Bishop Heaton, Newcastle Upon Tyne Auckland Tyne and Wear County Durham NE6 5HR DL14 8YW

Terraced House Private Rear Yard Detached House Front Garden 6 Bedrooms No Upper Chain 3 Bedrooms Driveway 1 Reception Room EPC: E 2 Reception Rooms EPC: C 2 Bathrooms Tenure: TBC 1 Bathroom Tenure: Freehold

Bishop Auckland: 01388 458111 High Heaton: 0191 270 1122 21 22

32 33 LOT 67 LOT 70

Starting Bid: £54,000 Starting Bid: £17,500 7 Rekendyke Mews 14 Charterhouse Street Laygate, South Shields Hartlepool Tyne and Wear Cleveland NE33 4JN TS25 5RW

Apartment No Chain Mid Terraced House Rear Yard 2 Bedrooms Communal Gardens 2 Bedrooms Close to Amenities 1 Reception Room EPC: D 1 Reception Room EPC: D 2 Bathrooms Tenure: Leasehold 1 Bathroom Tenure: Freehold

South Shields: 01914274959 Darlington: 01325 523756

LOT 68 LOT 71

Starting Bid: £90,000 Starting Bid: £200,000 Chesterfields, Apartment 7 6 Merrybent Stanhope Road South Darlington Darlington County Durham County Durham DL2 2LE DL3 7GA

Detached House Driveway & Garage Apartment Allocated parking 3 Bedrooms Rear Garden 2 Bedrooms Local Amenities 2 Reception Rooms EPC: G 1 Reception Room EPC: B 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Leasehold

Darlington: 01325 484440 Darlington: 01325 357807

LOT 69 LOT 72

Starting Bid: £199,950 Starting Bid: £55,000 26 Oakdene Avenue 68 Dene Crescent Darlington Wallsend County Durham Tyne and Wear DL3 7HS NE28 7SW

Terraced House Garden Flat Private Garden 5 Bedrooms Brick Garage 2 Bedrooms Bay Window 2 Reception Rooms EPC: E 1 Reception Room EPC: D 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Leasehold

Darlington: 01325 488433 Wallsend: 0191 262 3961

23 24

34 35 LOT 73 LOT 76

Starting Bid: £39,950 Starting Bid: £45,000 29 Thelma Street 10 Mostyn Terrace Off Chester Road, Sunderland Cockfield, Bishop Auckland County Durham County Durham SR4 7HA DL13 5DY

Bungalow No Chain Terraced House Detached Garage 2 Bedrooms Rear Yard 2 Bedrooms Garden 1 Reception Room EPC: E 1 Reception Room EPC: E 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold

Sunderland: 0191 5142299 Bishop Auckland: 01388 607889

LOT 74 LOT 77

Starting Bid: £165,000 Starting Bid: £85,000 Old Coach House 3 Park View Percy Terrace, Durham Hetton-le-Hole, Houghton Le County Durham Spring DH1 4DY County Durham DH5 9JH

Detached House Garage 2 Bedrooms No Chain Terraced House Lawned Garden 2 Reception Rooms EPC: D 4 Bedrooms Garage 1 Bathroom Tenure: Freehold 3 Reception Rooms Tenure: Freehold 1 Bathroom

Durham: 01913 862070 Houghton-le-Spring: 0191 512 4940 or 0845 241 7608

LOT 75 LOT 78

Starting Bid: £180,000 Starting Bid: £25,000 4 Townsville Avenue 5 Murton Lane Whitley Bay Easington Lane, Houghton Le Northumberland Spring NE25 9DG County Durham DH5 0NB

Semi Detached House Front & Rear Gardens Terraced House Rear Yard 3 Bedrooms Garage 2 Bedrooms Street Parking 2 Reception Rooms EPC: C 1 Reception Room EPC: F 1 Bathroom Tenure: Freehold 1 Bathroom Tenure: Freehold

Whitley Bay: 0191 253 4117 Seaham: 0191 5813355 26 25

36 37 LOT 79

Starting Bid: £75,000 46 Hillheads Court Whitley Bay Tyne and Wear NE25 8RY

Flat Allocated Parking 2 Bedrooms Garden Area FREE WHOLE OF MARKET MORTGAGE ADVICE 1 Reception Room EPC: C 1 Bathroom Tenure: Leasehold ON YOUR DOORSTEP

Whitley Bay: 0191 251 3000 With access to over 3,000

LOT 80 mortgage products, our

Starting Bid: £95,000 award winning advisors are 31 Barley Mill Road so confident in finding the best deal for you, Consett, Consett County Durham we guarantee it! DH8 8JS

Detached House Garage & Driveway WE SPECIALISE IN 4 Bedrooms Gardens 2 Reception Rooms Tenure: Freehold • FIRST TIME BUYERS (EXCLUSIVE PRODUCTS/SCHEMES) 1 Bathroom • RE-MORTGAGES UP TO 95% LOAN TO VALUE Consett: 01207509442 • NEW BUILD/GOVERNMENT BACKED HELP TO BUY SCHEMES • BUY TO LET / HOUSE OF MULTIPLE OCCUPANCY (HMO'S)

• 95% MORTGAGES (AVAIlABLE FOR FIRST TIME BUYERS OR HOMEMOVERS) • BEST IN MARKET PROMISE

FREE MORTGAGE ADVISORS WAITING TO HELP YOU THROUGHOUT THE NORTH EAST. PLEASE CAll ONE OF OUR OFFICES Gateshead Newcastle City Centre Sunderland Durham 0191 460 5926 0191 261 7114 0191 567 6000 0191 375 8777 27

38 39 SIGN UP to The Great North Property Auction

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You’ll receive email updates including auction date reminders, digital copies of our brochures, WE OFFER YOU FULL SUPPORT FROM START TO FINISH property promotions and links to useful resources if you’re interested in buying. THROUGHOUT YOUR HOME BUYING PROCESS, MAKING SURE WE LOOK AFTER YOU NOW AND FOR ANY

FUTURE NEEDS… Terms & Conditions 5. If the Bidder wishes to withdraw or alter his instructions Telephone or Proxy Bidding or to attend the Auction to bid it is their responsibility to WE ARE PROUD TO HAVE 1. A prospective buyer wishing to make a telephone or notify the Auctioneers in writing before the Auction. 5 STAR CUSTOMER REVIEWS * proxy bid (a “Bidder”) must complete, sign and date the form within this catalogue. 6. The Auctioneers shall not be liable for any failure to bid FROM OVER 50 CLIENTS TO DATE! (*Google reviews) due to inadequate or unclear instructions being received Separate forms must be completed for each lot on which or for any other reason. The Auctioneers have absolute OFFERING A COMPREHENSIVE RANGE OF INSURANCE PRODCUTS a bid is to be placed. discretion as to whether or not and in what manner to bid. FROM A WIDE RANGE OF COMPANIES - 2. The form must be delivered to The Auction 7. The Bidder is deemed to have full knowledge Department, Floor 6, Arden House, Regent Centre, of the General and Special Conditions of Sale and the • BUILDINGS & CONTENTS Gosforth, Newcastle upon Tyne, NE3 3LU at least 24 Notice to All Prospective Buyers herein. The Bidder is • LIFE & SERIOUS ILLNESS hours prior to the start of the Auction. also deemed to have full knowledge of any addendum produced by the Auctioneers at or prior to the Auction. • INCOME PROTECTION 3. In the case of a telephone bid a member of the The Bidder is therefore advised to check whether any Auctioneers’ staff will attempt to contact the Bidder by relevant addendum has or will be produced but the WE ARE A ONE STOP SHOP FOR ALL YOUR..... telephone before the lot in question is offered for sale. If Auctioneers will not be liable to the Bidder if he fails to so MORTGAGE / INSURANCE / SOLICITORS / SURVEY NEEDS contact is made the Bidder may compete in the bidding check. through the Auctioneers’ staff. However if telephone contact cannot be made or the connection is lost the WITH BRANCHES ACROSS THE NORTH EAST WE CAN OFFER Bidder hereby authorises the Auctioneers and their staff APPOINTMENTS IN A LOCATION TO SUIT YOU INCLUDING to bid on their behalf up to their maximum authorised bid for the lot in question. Remember! If you’re not planning to attend EVENINGS & WEEKENDS the auction, but would like to bid by proxy 4. If the Bidder is successful the Bidder or phone, you must fill and return the form hereby authorises the Auctioneers to sign the in this catalogue or contact the Great North team to pre-register on: W: www.firstmortgage.co.uk Memorandum of Agreement on their behalf. 0191 2390 802 First Mortgage @FirstMortgageNE First Mortgage (NE) [email protected]

40 41 Auction conduct conditions MODERN METHOD OF AUCTION TERMS & CONDITIONS (V3.2) The conditions so headed, including any extra auction conduct conditions. These conditions govern the conduct of “conditional” or “modern method” auctions operated by IAM Sold Limited (Company or Auctioneer or us/we/our). All properties sold by auction using the Company website or by a physical auction which are expressed to be either a “conditional” or “modern method” auction are governed by these conditions.

Auctioneers A non-refundable reservation fee of 4.2 % including VAT subject to a minimum of ££6,000 including VAT must be paid The auctioneers of the auction. by the buyer immediately following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the Auctioneer who will issue an Acknowledgement of Reservation. Buyer Information Pack The pack of documents relating to a property which is advertised online for conditional auction. Introduction These conditions have three main sections. Business day Any day except (a) a Saturday or a Sunday; (b) a bank holiday in England and Wales; or (c) Good Friday or Christmas Day. 1. Glossary This gives special meanings to some words used in the rest of the conditions. Buyer The person who agrees to buy the property or, if applicable, that person’s personal representatives. If two or more are jointly the 2. The conduct of the auction buyer their obligations can be enforced against them jointly or against each of them separately. This section regulates the conduct of the auction. If you bid for a property which is offered for sale by conditional auction you do so on the basis that you accept them. Catalogue Any catalogue to which the conditions refer including any supplement to it. 3. Conditions of reservation If you win a conditional auction for a property you must sign a reservation form under which you agree to be bound by the Condition conditions of reservation relevant to that property. The conditions are legally binding. One of the auction conduct conditions or sales conditions.

Important notice Conditional auction A prudent buyer will, before bidding for a property: A conditional or “modern method” of auction as described in these conditions. • Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant. • Read the conditions. Contract • Inspect the Buyer Information Pack for the relevant property. The contract by which the Seller agrees to sell, and the Buyer agrees to buy the Property. • Have finance available for the deposit and purchase price. Online In addition, before buying a property a prudent buyer will: On our website or, where applicable, one of our accredited partner’s websites. • Carry out usual searches and make usual enquiries. • Consider with the chosen mortgage provider that the property would be deemed suitable for mortgage lending purposes. Property • Check the content of all available leases and other documents relating to the property. Each separate property described in the catalogue or as the case may be online. • Check that what is said about the property in the Buyer Information Pack is accurate. • Check whether VAT registration and election is advisable. Price The price that the buyer agrees to pay for the property. The conditions assume that the buyer has acted like a prudent buyer. If you choose to buy a property without taking these normal precautions you do so at your own risk. Reservation Deposit A non-refundable deposit paid by the buyer to us to reserve a property. This deposit is used by the seller to pay our fees for Glossary conducting the conditional auction. This glossary applies to the auction conduct conditions and the sale conditions. Wherever it makes sense: • singular words can be read as plurals, and plurals as singular words; Reservation Fee • a ‘person’ includes a corporate body; A non-refundable fee paid by the buyer to us to reserve a property. This is in payment of our fees for conducting the conditional • words of one gender include the other genders; auction. • references to legislation are to that legislation as it may have been modified or re-enacted by the date of the auction or the contract date (as applicable); and Reservation Form • where the following words printed in bold type appear they have the specified meanings. The form of contract which is to be signed by a buyer and by us (on behalf of the seller) reserving the property for sale by the seller to the buyer as further described in the conditions of reservation. Approved financial institution Seller Any bank or building society that has signed up to the Banking Code or Business Banking Code or is otherwise acceptable to us. The person selling the property. If two or more are jointly the seller their obligations can be enforced against them jointly or against each of them separately. Auction The auction advertised as online or in the catalogue (as applicable). We (and us and our) The auctioneers.

42 43 A1 Auction Conduct Conditions (c) pay the reservation fee or reservation deposit (as required by the reservation form). A5.4 If you do not we may either: A1 Introduction (a) as agent for the seller treat that failure as your repudiation of the reservation form and offer the property for sale again. The seller may A1.1 Words in bold type have specified meanings, which are defined in the Glossary. then have a claim against you for breach of contract; or A1.2 Where a property is advertised for auction: (b) sign the reservation form on your behalf. (a) online, you have been given access to that auction only on the basis that you accept these auction conduct conditions; A5.5 Where a reservation deposit is paid, that reservation deposit: (b) in a catalogue, you are only issued that catalogue on the basis that you accept these auction conduct conditions, which govern our (a) is to be held by us as agent for the seller, but otherwise is to be held as stated in the reservation conditions; and relationship with you and cannot be disapplied or varied by the sale conditions (even by a condition purporting to replace the whole of the (b) must be paid in pounds sterling either by credit/debit card or by way of a bank transfer made payable to us from an approved financial Conditional Auction Conditions). They can be varied only if we agree. institution. Please note, we are not able to accept payments made in cash or accept Bank Transfers where the deposit for the transfer was paid in cash. A2 Our role A5.6 We may retain the reservation form signed by or on behalf of the seller until the reservation deposit or reservation fee (as applicable) A2.1 As agents for each seller we have authority to: has been received in cleared funds. (a) prepare the catalogue (as applicable) from information supplied by or on behalf of each seller; A5.7 If you do not comply with your obligations under the reservation form then you are personally liable to comply with the obligations under (b) offer each property for sale by conditional auction; Page 1 of 3 V3.1 the reservation form even if you are acting as an agent for the buyer. (c) receive and hold reservation deposits (if applicable); A5.8 Where the buyer is a company, you warrant that the buyer is properly constituted and able to buy the property. (d) receive reservation fees (if applicable); (e) sign each reservation form on behalf of each seller; and Reservation Conditions (f) treat a reservation form as repudiated if the buyer fails to sign that reservation form or pay a reservation fee or reservation deposit (as applicable). R1 Introduction A2.2. Our decision on the conduct of the conditional auction is final. R1.1 Words in bold type have specified meanings, which are defined in the Glossary. A2.3 We may cancel the conditional auction, or change the way in which a property is offered for sale. We may also combine or divide R1.2 Where you win a conditional auction for a property you must sign a reservation form, which is a legally binding contract between the properties. A property may be sold or withdrawn from sale prior to the conditional auction. buyer and seller reserving the property for purchase by the buyer within 2 hours of the winning bid being accepted and the auction ending. A2.4 You acknowledge that to the extent permitted by law we owe you no duty of care and you have no claim against us for any loss. R.1.3 These reservation conditions summarise the terms of the reservation form.

A3 Bidding and reserve prices R2 Payment of reservation fee A3.1 All bids are to be made in pounds sterling exclusive of any applicable VAT. R2.1 This condition applies where a reservation fee must be paid by you on winning a conditional auction for a property. Payment is to be A3.2 We may refuse to accept a bid. We do not have to explain why. made within 2 hours of the winning bid being accepted and the auction ending. A3.3 All bids made online must comply with the terms and conditions which apply to use of our website or to the use of our partner’s R2.2 Conditional upon payment of the reservation fee and you signing the reservation form, the property shall be reserved to the buyer for websites (as applicable). the reservation period stated in that reservation form, this is the period in which time the buyer is to exchange contracts to purchase the A3.4 if there is a dispute over bidding we are entitled to resolve it, and our decision is final. property. A3.5 Unless stated otherwise each property is subject to a reserve price (which may be fixed just before the property is offered for sale). If no bid equals or exceeds that reserve price the property will be withdrawn from the conditional auction. R3 Payment of reservation deposit A3.6 Where there is a reserve price the seller may bid (or ask us or another agent to bid on the seller’s behalf) up to the reserve price R3.1 This condition applies where a reservation deposit must be paid by you on winning a conditional auction for a property. Payment is to be but may not make a bid equal to or exceeding the reserve price. You accept that it is possible that all bids up to the reserve price are bids made within 2 hours of the winning bid being accepted and the auction ending. made by or on behalf of the seller. R3.2 The reservation deposit is to be held by us and, following formal exchange of contracts for the sale and purchase of the property, A3.7 Where a guide price (or range of prices) is given that guide is the minimum price at which, or range of prices within which, the seller transferred to the seller’s solicitors as part payment of the purchase price under the contract for the purchase of the property. might be prepared to sell at the date of the guide price. But guide prices may change. The last published guide price will normally be at or above any reserve price, but not always – as the seller may fix the final reserve price just before bidding commences. R4 Seller’s obligations R4.1 On the reservation form being signed and either reservation fee or reservation deposit being paid, the seller will grant to the buyer a A4 The Buyer Information Pack and other information period of exclusivity. A4.1 We have taken reasonable care to describe each property (either online or in a catalogue). The description of a property is based on R4.2 During the exclusivity period the seller agrees: information supplied by or on behalf of the seller. You need to check that the information is correct. (a) he or she has instructed us not to agree another reservation of the property; A4.2 The description of a property and the Buyer Information Pack may change prior to the conditional auction and it is your responsibility (b) not to encumber or deal with the title to the property; to check that you have the correct versions. (c) not to send, instruct or allow anyone else to send any contract for sale of the property to anyone other than the buyer’s solicitors; A4.3 If we provide information, or a copy of a document, provided by others we do so only on the basis that we are not responsible for the (d) to give such access to the property as may be reasonably required by any surveyor or valuer appointed by the buyer; accuracy of that information or document. (e) not to give access to any other person to view the property nor negotiate with anyone other than the buyer any terms for the sale of the property; A5 the reservation agreement (f) to use all reasonable endeavours to proceed to a formal exchange of contracts within the exclusivity period; A5.1 A successful bid is one we accept as such (normally on the fall of the hammer or close of an auction online). This condition A5 applies (g) to supply all documentation, information and authority to enable the seller’s solicitors to draft and negotiate the sale and purchase contract to you if you make the successful bid for a property. and do all work necessary to enable contracts for sale of the Property to be exchanged and completed within the exclusivity period; A5.2 You are required to enter into a reservation agreement which obliges you to proceed to purchase the property at the price you bid (h) to immediately instruct the seller’s solicitors to issue a contract for the sale of the property to the buyer’s solicitors and to do all other work plus VAT (if applicable). required to enable contracts for the sale of the property to be exchanged within the exclusivity period. A5.3 You must: R4.3 The seller may (but shall not be obliged to) grant an extension of the exclusivity period stated in the reservation form. Any such (a) provide all information we reasonably need from you to enable us to complete the reservation form (including proof of your identity and extension shall be confirmed in writing. address if required by us); (b) sign the completed reservation form; and

44 45 R5 Buyer’s obligations

R5.1 The buyer agrees: (a) to proceed to a formal exchange of contracts and completion within the exclusivity period; (b) to immediately instruct the buyer’s solicitors to investigate title to the property, negotiate the draft contract for the purchase of the property, raise enquiries of the seller and any third parties about the property and do any other work required to enable contracts for the purchase of the property to be exchanged, and for completion to take place, within the exclusivity period; (c) to promptly: (i) if the buyer intends to use a loan in connection with the purchase of the property, the buyer shall apply to the relevant lender and complete all necessary documentation and do all such things as such lender may require to process the buyer’s application as soon as possible including the payment of any application fees; (ii) if the buyer or the buyer’s mortgagee or lender requires that the property is surveyed and/or valued, the buyer will use all reasonable endeavours to arrange for the survey and/or valuation to take place at the property as soon as reasonably practicable including the payment of any valuation fee; (iii) keep the auctioneer and the seller’s solicitors advised of progress with the application for the loan; (d) Within 5 working days of receiving draft contracts from the seller’s solicitor, the buyer must ensure that their nominated solicitor has raised initial enquiries in relation to the draft contract, in writing with the seller’s solicitor. If this has not been undertaken, the seller reserves the absolute right to re-offer the property for sale free of any obligation to the buyer. In this event the Reservation Fee is deemed non-refundable. (e) the date of completion shall be specified in the contract exchanged for the purchase of the Property, but such date shall be no later than 56 days from the date the draft contract was received by the Buyer’s solicitor; (f) the buyer shall pay to the auctioneer the cost of the preparation of the Buyer Information Pack relating to the property; (g) buyer has received the Buyer Information Pack (if applicable) and is ready willing and able to proceed with the purchase of the property; (h) the buyer agrees that if contracts for the purchase of the property have not been legally and unconditionally exchanged within the exclusivity period the seller has the absolute right to re-offer the property for sale free of any obligation to the buyer. Looking to extend, refurbish R6 Termination of reservation R6.1 The reservation form shall not be capable of termination by the seller or buyer during the exclusivity period except as specified below. R6.2 On the expiry of the exclusivity period specified in the reservation form (or the expiry of any extension granted by the seller in writing) If or alter your property? the buyer has not completed the purchase of the Property, the reservation of the property shall terminate at the discretion of the auctioneer. R6.3 The seller may terminate the reservation of the property with written notice to the buyer if the buyer is in breach of the buyer’s obligations set out above. MADE Surveying & Architectural Ltd are experienced chartered property professionals who can assist with building projects and home improvements. R7 Binding obligations R7.1 These conditions of reservation must be read in conjunction with the reservation form applicable to a particular property. Where there We use the latest 3D design software to help you envisage your overseeing the works on site from start to finish. This includes the is any conflict or inconsistency between these conditions and the provisions of an individual reservation form, the relevant provisions of the project from the offset. We undertake planning stage drawings and appointment of a competent contractor, implementation of a suitable reservation form shall apply. submit the application on your behalf to the local authority. We also building contract, and contract administration. R7.2 As these conditions and the reservation form comprises legally binding obligations on you, it is recommended you seek independent produce detailed construction drawings in order to achieve Building legal advice on these conditions and the reservation form before making any bid on a property. Regulations Approval for your builder to work from. We check that the works are carried out in line with the designs and to satisfactory workmanship standards, and manage contractor R8 Auctioneer R8.1 You acknowledge and agree that we act as an agent of the seller and not in our own capacity. As well as producing architectural plans, we can provide a full payment requests. We take on the project so you can get on with R8.2 Save in the event of fraud or death or personal injury resulting from our negligence, neither the us nor any of our group companies, project management package by producing tender documents and your daily routine. affiliates, third party service providers, licensors, officers, directors or employees shall have any liability of any nature howsoever arising in relation to these conditions or to any property

Made were fantastic to work with. They provided us with a detailed and professional service. Our extension drawings were first class and made the builder’s job much easier. - John Bell, Labour4u

If you’d like to discuss your project, please call 0191 271 8278 or drop us a line at [email protected]

www.madesurveying.co.uk @Madesurveying /Madesurveying

46 47 GREAT NORTH 0191 2390 802 PROPERTY AUCTION www.greatnorthpropertyauction.co.uk iamsold

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IAM Sold are an auction management service provider offering bespoke white label auction services to Estate Agents across the UK and Ireland, visit our website for further information iam-sold.co.uk 48