Lot 1 - 28 Bouch Street, Shildon, County Durham, DL4 2JW
- Unconditional Online Auction Sale
- Guide Price* : £30,000
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 2
Description
We offer For Sale via Option A – Unconditional Online Auction on 16th May 2024 this two bedroom mid terrace LET investment in the village of Shildon, Co Durham.
The accommodation on offer, briefly comprises entrance porch, hallway, dining room, lounge and fitted kitchen to ground floor. To first floor are two good sized bedrooms and a white family bathroom W.C. Externally is an enclosed rear yard. The property also benefits from UPVc double glazing and gas central heating via an Ideal made combi boiler.
The property is Let at a rent of £3,900 per annum, returning a yield of 13% on the advertised Guide Price. The current tenant’s tenancy runs until December 2024. Therefore, a perfect, readymade BTL investment for any landlord.
We recommend an internal viewing, to appreciate the accommodation on offer. Viewings by appointment only.
EPC rating E.
For more information, please contact Moovd directly.
Porch - Accessed via UPVc double glazed door, coving and laminate flooring.
Hallway - Staircase to first floor, coving, single radiator and laminate flooring.
Dining Room - 3.31m x 3.15m (10'10" x 10'4") - UPVc double glazed window to rear aspect, storage cupboard understairs, dado rail, double radiator and laminate flooring.
Lounge - 3.55m x 3.66m (11'7" x 12'0") - UPVc double glazed window to front aspect, feature brick fire place with wood effect electric fire, coving, dado rail, double radiator and laminate flooring.
Kitchen - 1.96m x 1.98m (6'5" x 6'5") - Fitted with a range of wall and base units contrasting work surfaces, 1 stainless steel sink with drainer unit and mixer tap over, splash back tiling, free standing electric cooker point, plumbed for washing machine, UPVc double glazed window and door to rear yard and laminate flooring.
Landing - Open spindle banister and storage cupboard.
Bedroom 1 - 4.59m x 3.70m (15'0" x 12'1") - UPVc double glazed window to front aspect, double radiator and built in storage.
Bedroom 2 - 2.80m x 3.15m (9'2" x 10'4") - UPVc double glazed window to rear aspect, double radiator and X2 built in storage cupboard, one with ideal boiler.
Bathroom - A white suite comprising: panelled bath, pedestal hand basin, low level W.C, splash back tiling, UPVc double glazed frosted window to side aspect and single radiator.
Externally - A rear yard with gated access to rear lane.
Moovd may work in partnership with marketing agents on our online auction lots and act as 'The Auctioneer', throughout the sale process.
Option A - Online Unconditional Auction:
The above property is been offered for sale by Online Unconditional Auction (Traditional Auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting of £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
Council Tax Band
A
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Joint Agent
Office Contact
Agreement Documents
- Option A - Moovd General Terms & Conditions – Online Unconditional Auction
- Option A - Moovd Amendments to Common Auction Conditions – Online Unconditional Auction
- Option A - Moovd Common Auction Conditions– Online Unconditional Auction
Additional Documents
Related Documents
Virtual Tour
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