Lot 1 - 35 Rainton Street, Seaham, County Durham, SR7 7QS
- Unconditional Online Auction Sale
- Guide Price* : £70,000
- Bedrooms: 3
- Bathrooms: 1
- Reception Rooms: 2
Description
Moovd Online Property Auctions are delighted to offer For Sale via Option A - Unconditional Online Auction on Thursday the 15th August 2024 this smartly presented three bedroom mid terrace property in the popular town of Seaham.
The accommodation of on offer is sold with a sitting tenant paying £550 PCM, returning a yield of 9.42% on the advertised Guide Price, an impressive, readymade, immediate investment for any BTL investor.
The light and airy ground floor living space briefly comprises: entrance porch, hallway with staircase to first floor, lounge, dining room and recently installed kitchen diner. To first floor are three well-proportioned bedrooms and a white family bathroom W.C. Externally is a rear enclosed garden and front forecourt.
Located in the popular residential area of Seaham with Byron Place within walking distance, offering a large Asda and other doorstep shopping amenities. There are many nearbly schools including Ropery Walk Primary, Seaham Trinity, Seaham High and Easington Academy, this fantastic home could appeal to the family market. Accessible to the A19 with direct roads to Newcastle and Sunderland, it could also appeal to a commuter.
An internal viewing is considered a must and is strictly by appointment only.
EPC rating C.
For more information, please contact Moovd directly.
Porch - Accessed via a UPVc double glazed door, UPVc double glazed window to side aspect and laminate flooring.
Hallway - Staircase to first floor and laminate flooring.
Lounge - 4.75m x 3.37m (15'7" x 11'0") - UPVc double glazed window to front aspect, feature fireplace with electric insert fire, radiator and laminate flooring.
Dining Room - 3.65m x 2.90m (11'11" x 9'6") - UPVc double glazed window to rear aspect, coving, singe radiator and laminate flooring.
Kitchen - 3.61m x 2.65m (11'10" x 8'8") - Fitted with a range of white wall and base units contrasting work surfaces, 1 stainless steel sink with drainer unit and mixer tap over, splash back tiling, free standing range cooker point, plumbed for washing machine, coving, UPVc double glazed door to rear garden and vinyl flooring.
Landing - Loft access.
Bedroom 1 - 3.73m x 3.21m (12'2" x 10'6") - UPVc double glazed window to rear aspect and single radiator.
Bedroom 2 - 3.33m x 3.19m (10'11" x 10'5") - UPVc double glazed window to front aspect and single radiator.
Bedroom 3 - 3.08m x 2.15m (10'1" x 7'0") - UPVc double glazed window to front aspect and single radiator.
Family Bathroom - A white suite comprising panelled bath with mixer shower attachment over, pedestal hand basin, low level W.C, splash back tiling, UPVc double glazed frosted window to rear aspect, coving, storage cupboard, single radiator and vinyl flooring.
Externally - Gravelled front forecourt garden with gated access. Enclosed rear yard with gated access and lawn.
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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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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