77 Lumley Close, Washington, Tyne And Wear, NE38 0HZ
- Unconditional Online Sale
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
Description
Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction with a BUY IT NOW PRICE OF £37,500, this fantastic two bedroom rental investment.
Perfect for any investor, this spacious, ground floor two bedroom flat is currently tenanted at £550PCM, yielding 17.6% on the advertised Guide Price. Located in a popular area of Washington, this fantastic property is sure to impress.
The layout briefly comprises entrance hallway, lounge with doors to balcony, kitchen, two well proportioned bedrooms, white family bathroom, communal gardens and allocated parking space.
Conveniently located for local amenities such as the Galleries shopping centre, excellent transport networks and good schooling. A ready made investment, with an attractive Guide Price which will undoubtedly appeal to many. Viewings strictly by appointment only.
EPC rating C.
For more information, please contact Moovd directly.
Hallway - Door into hallway, storage cupboard housing boiler.
Lounge - 3.09m x 3.79m (10'1" x 12'5") - Double glazed window, double doors to balcony, radiator.
Kitchen - 2.99m x 2.56m (9'9" x 8'4") - Fitted with a range of base and wall units, work surface, splash back tiling, integrated oven with gas hob, extractor fan, plumbed for washing machine, vinyl floor, window.
Bedroom 1 - 3.21m x 3.81m (10'6" x 12'5") - Two windows to rear, fitted wardrobes, radiator.
Bedroom 2 - 2.20m x 2.40m (7'2" x 7'10") - Window to front, radiator.
Bathroom - White bathroom including pedestal hand basin, low level WC, paneled bath with electric shower and shower screen, splash back tiling, radiator, extractor fan.
External - Communal gardens, allocated parking space.
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 being 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
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