Lot 2 - 17 & 17a South View, Tantobie, Stanley, County Durham, DH9 9TH

  • Unconditional Online Auction Sale
  • Guide Price* : £65,000
  • Bedrooms: 4
  • Bathrooms: 2
  • Reception Rooms: 2

Description

We are delighted to offer For Sale via Option A – Unconditional Online Auction on 3rd October 2024, this mid terrace property consisting of two let flats, in the village of Tantobie on the outskirts of Stanley, Co Durham.

The accommodation on offer briefly comprises of ground floor, hallway, bedroom 1 and 2, white family bathroom W.C, lounge and fitted kitchen. To first floor, entrance vestibule, landing, lounge, fitted kitchen, white family bathroom W.C and bedrooms 1 & 2. Externally is a front forecourt and large shared rear yard.

The property is sold on one title and a superb, readymade let investment for any BTL investor at £340 & £400 PCM per unit, returning a yield of 13.66% on the advertised Guide Price.

An internal viewing is considered essential to truly appreciate this excellent opportunity. Viewings are strictly by appointment only.

EPC ratings D & D.

For more information, please contact Moovd directly.

Hallway - Accessed via a UPVc double glazed door, laminate flooring.

Bedroom 1 - 4.32m x 2.46m (14'2" x 8'0") - UPVc double glazed window to front aspect and double radiator.

Bedroom 2 - 2.85m x 2.42m (9'4" x 7'11") - UPVc double glazed window to front aspect and double radiator.

Bathroom - A white suite comprising: panelled bath with mixer hand attachment, low level W.C, pedestal hand basin, splash back tiling, single radiator and vinyl flooring.

Lounge - 6.07m x 3.69m (19'10" x 12'1") - UPVc double glazed window to rear aspect, wall mounted electric fire, radiator and laminate flooring.

Kitchen - 2.37m x 2.01m (7'9" x 6'7") - 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, electric cooker point, plumbed for washing machine, wall mounted boiler, X2 UPVc double glazed windows and door to rear yard, double radiator and tiled floor.

Vestibule - Accessed via a UPVc double glazed door, stairs to first floor.

Landing -

Lounge - 5.00m x 3.57m (16'4" x 11'8") - UPVc double glazed window to rear aspect, cupboard housing boiler, double radiator and laminate flooring.

Kitchen - 2.35m x 1.98m (7'8" 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, integrated electric hob, oven and stainless steel extractor hood over, plumbed for washing machine, UPVc double glazed window to side aspect and laminate flooring.

Bathroom - A white suite comprising: panelled bath with electric shower over, low level W.C, pedestal hand basin, splash back tiling, single radiator and vinyl flooring.

Bedroom 1 - 3.41m x 2.84m (11'2" x 9'3") - UPVc double glazed window to front aspect and single radiator.

Bedroom 2 - 3.49m x 2.56m (11'5" x 8'4") - UPVc double glazed window to front aspect and single radiator.

Externally - Front forecourt and 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 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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Joint Agent

Sylvester Properties
01207 262111

Office Contact

Grant Lowes
01919097020

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