Peakside, Near Hill End

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 sits in an idyllic location, with beautiful views, the remote position does however bring some limitations which all interested parties should familiarise themselves with by reading the notes below before making any enquiries. For someone willing to put the work in, this property could provide a fantastic opportunity to create a truly off-grid residence, with wind and solar both potentially viable options to generate electricity and heating.

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 perhaps looking for a quiet place to relax for short stays and to enjoy the Weardale landscape in all its glory. It would be very challenging to use this property as a permanent residence due to its remote location.

Method of Sale:

• Online Traditional Action - BIDDING OPENING 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
• 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

Virtual Tour: HERE

Disclaimer:

These particulars are intended to give a fair description of the property but do not constitute part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their accuracy. No person in the employment of the seller or agent has any authority to make or give any representation or warranty in relation to this property.

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, often wet terrain. It is perhaps therefore more suitable for short stays.
• Accessible via public footpaths only (across fields)
• 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 however it is believed that it could be made suitable through the installation of an appropriate filtration system
• NO mains electricity supply, the current owners do have a generator for periodic use to power the electric shower, lights and sockets. This could possibly be enhanced via the installation of wind and solar based technology
• 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