Lot 2 - 10 John Street, South Moor, Stanley, County Durham, DH9 7BG

  • Unconditional Online Auction Sale
  • Guide Price* : £28,000
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 2

Description

An extended two-bedroom mid terrace, in the village of Southmoor, on the outskirts of Stanley, offered For Sale via Option A – Unconditional Online Auction on 20th June 2024.

The ground floor briefly comprises: entrance vestibule with staircase to first floor, lounge with wall mounted fire, rear dining room and fitted kitchen. To first floor are two bedrooms and a family bathroom W.C. Externally is a rear yard.

The property is sold with a sitting tenant in situ, paying £295 PCM or £3,540 per annum, returning a yield of 12.64% on the advertised Guide Price.

To arrange a viewing, please contact the office. Viewings are strictly by appointment only.

EPC rating E.

For more information, please contact Moovd directly.

Vestibule - Accessed via UPVc double glazed door and staircase to first floor.

Lounge - 4.24m x 3.65m (13'10" x 11'11") - UPVc double glazed window to front aspect, wall mounted electric fire, understairs storage cupboard and double radiator.

Dining Room - 4.52m x 2.49m (14'9" x 8'2") - UPVc double glazed window to rear aspect and double radiator.

Kitchen - 3.28m x 1.89m (10'9" x 6'2") - 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, integrated electric hob, oven and extractor hood over, plumbed for washing machine, wall mounted boiler, UPVc double glazed window and door to rear, wall heater and tiled flooring.

Landing -

Bedroom 1 - 4.58m x 3.73m (15'0" x 12'2") - UPVc double glazed window to front aspect and single radiator.

Bedroom 2 - 3.15m x 2.71m (10'4" x 8'10") - UPVc double glazed window to rear aspect and single radiator.

Bathroom - A white suite comprising: panelled bath with mixer hand attachment, pedestal hand basin, low level W.C, splash back tiling, single radiator, UPVc double glazed frosted window to rear aspect and vinyl flooring.

Externally - An enclosed rear yard with gated access.

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

Sylvester Properties
01207 262111

Office Contact

Grant Lowes
01919097020

Agreement Documents

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