We offer For Sale via Option A – Unconditional Online Auction with a BUY IT NOW AVAILABLE, this three bedroom mid terrace LET investment in the village of Fishburn, Co Durham.
Stobart Terrace is a three-bedroom, one reception room mid terrace, Let on an AST at £500 PCM, returning a yield of 12.5% on the advertised Guide Price and sold with tenant in situ. Therefore, a perfect readymade turnkey investment, from day one.
The accommodation layout briefly comprises: entrance lobby with staircase to first floor, lounge with feature fire place, fitted kitchen, rear lobby and utility room/ W.C. To first floor are three bedrooms and a family bathroom W.C. Externally is a large front garden with raised paved patio and rear yard.
The property is located on the outskirts of Fishburn and has excellent road networks, to nearby Sedgefield and A1M.
An internal viewing is recommended for any interested parties. Viewing by appointment only.
EPC rating D.
For more information, please contact Moovd directly.
Lobby - Accessed via UPVc double glazed door, staircase to first floor, double radiator and laminate flooring.
Lounge - UPVc double glazed window to front aspect, wall mounted electric fire, coving, double radiator and laminate flooring.
Kitchen - Fitted with a range of wall and base units contrasting work surfaces in an L shape, 1 1/2 stainless steel sink with drainer unit and mixer tap over, splash back tiling, gas hob, electric oven, stainless extractor fan, wall mounted boiler (main), UPVc double glazed window to rear aspect, coving, spot lighting, double radiator and laminate flooring.
Rear Lobby - UPVc double glazed door and window to rear yard, spot lighting, double radiator and vinyl flooring.
Utility Room / W.C - Fitted with base units, contrasting work surfaces, 1 stainless steel sink with drainer unit and mixer tap over, plumbed for washing machine, low level W.C, spot lighting, UPVc double glazed window to side aspect, double radiator and vinyl flooring.
Landing - Loft Access.
Bedroom 1 - UPVc double glazed window to front aspect and double radiator.
Bedroom 2 - UPVc double glazed window to rear aspect and double radiator.
Bedroom 3 - UPVc double glazed window to front aspect and double radiator.
Family Bathroom - A white suite with P shaped bath and mains shower over, low level W.C, pedestal hand basin, splash back tiling, UPVc double glazed frosted window to rear aspect, double radiator and tiled flooring.
Externally - An enclosed rear yard with gated access. Front garden, with raised paved patio, lawn and 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 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.
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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