Lot 1 - 12 The Hallgarth, Durham, County Durham, DH1 3BJ

  • Unconditional Online Auction Sale
  • Guide Price* : £475,000
  • Bedrooms: 4
  • Bathrooms: 1
  • Reception Rooms: 1

Description

ATTENTION INVESTORS

Moovd are delighted to offer For Sale via Option A - Unconditional Online Auction on 9th January 2025, this well presented, modern four bedroom property in Durham City Centre with a full HMO ready to be Let and a potential income of up to £40,000 yearly.

Attention investors…. Durham City Centre student let! With an HMO and planning granted for the lounge to become bedroom 4, this exciting property will undoubtedly prove popular. Situated in the centre of the historic Durham City in a highly populated student area, this fantastic four bedroom, end terrace, within minutes' of Durham University, the famous Cathedral, beautiful riverbanks, train station and bustling bars, restaurants and shops is very exciting!

The modern layout briefly comprises, entrance hallway with entrance to large living room/ bedroom. The living room is spacious and has planning permission granted for the removal of the chimney to use the room as a bedroom. To the rear of the property is an impressive spacious, modern kitchen/diner with newly fitted kitchen diner is the real heart of this property, with modern high gloss units and a contrasting quartz work surface with the real ‘wow’ factor. With an open plan dining area/ lounge area and double doors onto the rear garden, this living space is the hub of the house and provides ideal student living space. The first floor includes a landing with loft access and large storage cupboard, three generous sized bedrooms and a family bathroom with white three piece suite. Externally there is a rear garden, fully paved, providing extra living space, which is extremely rare in this city centre location.

Due to the location and student rental potential, we anticipate large interest in this property. Viewings are highly advised and strictly by appointment.

EPC rating C.

For more information, please contact Moovd directly.

Hallway - Composite front door with UPVc double glazed window, double radiator, under stairs storage cupboard, vinyl flooring and open spindle staircase to first floor.

Living Room - 4.37 x 3.74 (14'4" x 12'3") - Large UPVc double glazed window to front, Adam style feature fireplace with stone surround and electric fire, double oak glass doors into kitchen/diner, carpet on floor.

Kitchen Diner - 5.75 x 3.40 (18'10" x 11'1") - A range of dove grey high gloss base and wall units with contrasting quartz work surface,, integrated electric double oven, integrated induction hob with automatic extractor fan, integral sink with mixer taps and cut out drainer unit, plumbing for washer and dryer, kick board heater, spot lighting oak double doors to living room, UPVc double glazed doors to rear garden, door to hallway and vinyl flooring.

First Floor Landing - Storage cupboard housing Vaillant boiler and loft access.

Bedroom 1 - 3.79 x 2.92 (12'5" x 9'6") - Double radiator, large UPVc double glazed window to front and carpet flooring.

Bedroom 2 - 3.78 x 2.99 (12'4" x 9'9") - Double radiator, large UPVc double glazed window to rear and carpet flooring.

Bedroom 3 - 2.80 x 2.70 (9'2" x 8'10") - UPVc double glazed floor to ceiling window, built in storage cupboard and single radiator.

Bathroom - White bathroom suite with corner bath with mains shower over, low level w/c, pedestal hand basin, fully tiled floor and walls, UPVc double glazed and frosted window to rear.

External - Paved access to front door. Rear yard which is fully paved and has 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 been 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

C

* 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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Lyndsay Lowes
0191 9097020

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