THREE BEDROOM MID TERRACE TENANTED INVESTMENT.
‘BUY IT NOW PRICE’ OF £55,000 + AUCTION FEES OF £4,320 INC VAT TOTAL = £59,320.00 INCLUDING AUCTION FEES.
SOLD WITH SITTING TENANT PAYING £525 PCM ON LONG TERM AST.
YIELDING 11.45% ON ADVERTISED GUIDE PRICE.
FOR SALE via OPTION A – UNCONDITIONAL AUCTION TERMS.
The property briefly comprises: entrance porch, large lounge/diner with staircase to first floor, fitted kitchen with integrated appliances, downstairs bathroom with white suite and access to rear garden. To the first floor is a landing with access to three excellent sized bedrooms. Externally is a rear garden and single garage.
The accommodation on offer lies in a quiet street, only a matter of seconds from both Houghton Le Spring & Hetton Le Hole and a host of day-to-day amenities.
Doxford Terrace would be a superb investment and an internal viewing is considered essential to appreciate. Viewings strictly by appointment only.
EPC rating C.
For more information, please contact Moovd directly.
Entrance Porch - Porch with door into Lounge/ Diner.
Lounge Diner - 4.91 x 4.39 (16'1" x 14'4") - UPVc double glazed window to front, open spindle staircase to first floor, wall mounted electric fire.
Kitchen - 3.57 x 2.52 (11'8" x 8'3") - UPVc double glazed window to rear, door to outside, fitted with a range of base and wall units with contrasting work surfaces, stainless steel sink with mixer tap and drainer unit, extractor fan, splash back tiling, electric oven and hob, plumbed for washing machine, spot lighting, vinyl flooring.
Bathroom/Wc - UPVc double glazed and frosted window, white suite including paneled bath, pedestal hand basin and w/c, splash back tiling and spot lighting.
Landing - UPVc double glazed window to front.
Bedroom 1 - 3.47 x 3.08 (11'4" x 10'1") - UPVc double glazed window to front, radiator, carpet.
Bedroom 2 - 3.54 x 3.04 (11'7" x 9'11") - UPVc double glazed window to rear, carpet.
Bedroom 3 - 3.61 x 1.70 (11'10" x 5'6") - UPVc double glazed window to rear, carpet.
Externally - Front forecourt, paved rear garden with external side access to garage.
Garage - Single garage with up and over door.
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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