Peakside, Near Hill End
Peakside, Frosterley, DL13 2SX
- 1
Key features
Guide Price: *
£140,000
Fees apply
Buyer's fee:£6,000
All fees include VAT at 20%
Auction Type:
Traditional
Start price:
£140,000Bid history
0 bids- Online Traditional Action Coming Soon
- Cash ONLY, the successful bidder will exchange contracts at the end of the auction and will be required to pay a non refundable buyer fee of £6,000 including VAT via the auction platform, in addition to a 10% deposit towards the purchase via the sellers’ Solicitor
- Completion must take place within 28 days of contract exchange
- Property details and legal documents can be viewed on the Weardale Property Agency website in the online auctions section
- Viewing bookings are being taken now, with the auction date to be announced after viewings have taken place
- All bidders must first register on the Weardale Property Agency website in the online auctions section
- All bids must by made via the Weardale Property Agency website
Positioned in an elevated position to the West of Hill End and above Frosterley, this 1 bedroom property has a history stretching back over 400 years. The building has served many purposes, including being a deer hunting lodge for the Bishop of Durham. The property was renovated in recent years, however this is not a typical property, and despite the idyllic location, beautiful views, and renovation works which were completed by previous owners, there are significant limitations and all interested parties should familiarise themselves with the notes below before making any enquiries.
In brief the accommodation comprises of an entrance hallway with stone floor, shower room with WC and electric shower (powered by generator only), a basic but well presented kitchen area with wooden work surfaces and stainless steel sink, a cozy living room and a large double bedroom to the first floor. The property boasts stunning countryside views from all windows.
Externally the property benefits from a south facing rear garden, external storage area, courtyard area on the site of the former barn, enclosed walled front garden area and patio seating area. In addition to the garden there is a field measuring approximately 0.28 acres to the Western side of the property. The field is rough grazing land, is enclosed by dry stone walling and enjoys fantastic panoramic views.
Additionally, there is a derelict building included within the sale which is positioned to the Western side of the field and is immediately next to the main house.
The views and tranquility this property provides both inside and out, present a unique opportunity for a buyer looking for a quiet place to relax for short stays and to enjoy the Weardale landscape in all its glory.
Virtual Tour: HERE
Agents Notes:
- The property would NOT be suitable for mortgage borrowing
- It would be very challenging to use the property as a permanent residence as it is NOT accessible by vehicle and is a 10 minute walk over very uneven, and in places, very wet terrain
- Accessible via public footpaths only (across fields, very uneven and very wet in places)
- Water supply is via a spring which is situated within a neighbours field and piped directly to the property with no tank and no filtration system, the water is NOT currently suitable for drinking
- NO mains electricity supply, the current owners do have a generator for periodic use to power the electric shower, lights and sockets
- A brand new solid fuel Rayburn is included within the sale, however this would require installation by the new owners
- NO fuel supply to the property of any type
- Sewerage - Small septic tank, which would likely require replacement to meet current regulations. There is permission in place for a compliant septic tank to be installed just outside of the boundary to the Southern edge of the property
- Viewing STRICTLY by appointment only, all applicants must ensure they do not stray from public footpaths on to neighbours land and should ensure all gates passed through are closed
- ALL boundary walls are the responsibility of the property owner
Buyer Fees:
On winning the auction the following fees will be due:
- Buyer Auction Fee: £6,000 including VAT - this will be collected via the auction platform immediately
- Deposit: 10% of the sale price - this will be payable to the sellers' Solicitors within 24 hours
- Sellers' Legal Fees - See special conditions within the legal pack for amounts and timescales
- Online Traditional Action Coming Soon
- Cash ONLY, the successful bidder will exchange contracts at the end of the auction and will be required to pay a non refundable buyer fee of £6,000 including VAT via the auction platform, in addition to a 10% deposit towards the purchase via the sellers’ Solicitor
- Completion must take place within 28 days of contract exchange
- Property details and legal documents can be viewed on the Weardale Property Agency website in the online auctions section
- Viewing bookings are being taken now, with the auction date to be announced after viewings have taken place
- All bidders must first register on the Weardale Property Agency website in the online auctions section
- All bids must by made via the Weardale Property Agency website
Positioned in an elevated position to the West of Hill End and above Frosterley, this 1 bedroom property has a history stretching back over 400 years. The building has served many purposes, including being a deer hunting lodge for the Bishop of Durham. The property was renovated in recent years, however this is not a typical property, and despite the idyllic location, beautiful views, and renovation works which were completed by previous owners, there are significant limitations and all interested parties should familiarise themselves with the notes below before making any enquiries.
In brief the accommodation comprises of an entrance hallway with stone floor, shower room with WC and electric shower (powered by generator only), a basic but well presented kitchen area with wooden work surfaces and stainless steel sink, a cozy living room and a large double bedroom to the first floor. The property boasts stunning countryside views from all windows.
Externally the property benefits from a south facing rear garden, external storage area, courtyard area on the site of the former barn, enclosed walled front garden area and patio seating area. In addition to the garden there is a field measuring approximately 0.28 acres to the Western side of the property. The field is rough grazing land, is enclosed by dry stone walling and enjoys fantastic panoramic views.
Additionally, there is a derelict building included within the sale which is positioned to the Western side of the field and is immediately next to the main house.
The views and tranquility this property provides both inside and out, present a unique opportunity for a buyer looking for a quiet place to relax for short stays and to enjoy the Weardale landscape in all its glory.
Virtual Tour: HERE
Agents Notes:
- The property would NOT be suitable for mortgage borrowing
- It would be very challenging to use the property as a permanent residence as it is NOT accessible by vehicle and is a 10 minute walk over very uneven, and in places, very wet terrain
- Accessible via public footpaths only (across fields, very uneven and very wet in places)
- Water supply is via a spring which is situated within a neighbours field and piped directly to the property with no tank and no filtration system, the water is NOT currently suitable for drinking
- NO mains electricity supply, the current owners do have a generator for periodic use to power the electric shower, lights and sockets
- A brand new solid fuel Rayburn is included within the sale, however this would require installation by the new owners
- NO fuel supply to the property of any type
- Sewerage - Small septic tank, which would likely require replacement to meet current regulations. There is permission in place for a compliant septic tank to be installed just outside of the boundary to the Southern edge of the property
- Viewing STRICTLY by appointment only, all applicants must ensure they do not stray from public footpaths on to neighbours land and should ensure all gates passed through are closed
- ALL boundary walls are the responsibility of the property owner
Buyer Fees:
On winning the auction the following fees will be due:
- Buyer Auction Fee: £6,000 including VAT - this will be collected via the auction platform immediately
- Deposit: 10% of the sale price - this will be payable to the sellers' Solicitors within 24 hours
- Sellers' Legal Fees - See special conditions within the legal pack for amounts and timescales
Summary
- Property type
- Detached
- Tenure
- Freehold
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- A
Summary
- Property type
- Detached
- Tenure
- Freehold
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- A
This property is being sold by:
Weardale Property Agency
01388 43 44 45
63 Front Street, Stanhope, County Durham, DL132TY
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Proptech and Weardale Property Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Weardale Property Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
