Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 9th January 2025, this smartly presented and cracking three bedroom terraced property in the popular area of Hetton-Le-Hole.
The property is a ready made BTL investment with a potential rent of £650 PCM, yielding 15.6% on the advertised Guide Price and an EPC rating of C! The accommodation on offer briefly comprises: entrance hallway with storage cupboard and access to dining room, into light and airy lounge. To the rear is a fully fitted kitchen and white family bathroom. To first floor is a central landing leading to three bedrooms, all of excellent size. Externally is a rear yard.
Hetton le Hole itself offers a range of day to day amenities, on the doorstep. Houghton Le Spring is a couple of miles away via excellent road and bus networks and access onto the A690 and further afield via the A1 & A19 corridors.
Station Road would be the perfect investment for any BTL purchaser and is turn-key ready. Viewings strictly by appointment only.
EPC rating C.
For more information, please contact Moovd directly.
Entrance Hallway - Front door, under stairs storage cupboard, door into dining room.
Dining Room - 4.23 x 3.73 (13'10" x 12'2") - UPVc double glazed window to rear, radiator, open spindle staircase to first floor.
Lounge - 4.01 x 3.51 (13'1" x 11'6") - UPVc double glazed window to front, radiator, Adam style feature fireplace and fire.
Kitchen - 4.46 x 1.99 (14'7" x 6'6") - UPVc double glazed window to side, fitted with a range of base and wall units with contrasting work surface, wall mounted boiler, white sink with drainer unit and mixer tap, cooker point, splash back tiling.
Bathroom - UPVc double glazed and frosted window to rear, white suite including paneled bath, pedestal hand basin, w/c, splash back tiling.
Bedroom 1 - 4.25 x 3.14 (13'11" x 10'3") - UPVc double glazed window to rear, radiator.
Bedroom 2 - 4.08 x 2.47 (13'4" x 8'1") - UPVc double glazed window to front, radiator.
Bedroom 3 - 2.94 x 1.99 (9'7" x 6'6") - UPVc double glazed window to front, radiator.
External - Front forecourt, rear yard with access via gate.
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 time frame 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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