Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 16th January 2025 this two bedroom mid terrace.
The accommodation on offer is sold with a sitting tenant paying £450 PCM and from day one, is a readymade BTL investment, yielding 10.8% on the advertised Guide Price.
The ground floor briefly comprises: entrance hallway, lounge, kitchen. To first floor landing, bedroom 1 and 2, family bathroom W.C and a rear yard externally.
The property is superbly located for access into Bishop Auckland town centre, Hospital and train station. An internal viewing is considered a ‘must’ of this well presented rental. Viewings are strictly by appointment only.
EPC rating C.
For more information, please contact Moovd directly.
Vestibule - Accessed via a single glazed wooden door with staircase to first floor and dado rail.
Lounge - 3.44m x 3.42m (11'3" x 11'2") - Double glazed window to front aspect and X2 single radiators.
Kitchen - 3.48m x 2.93m (11'5" x 9'7") - 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, integrated gas hob, electric oven and extractor fan over, plumbed for washing machine, wall mounted boiler, (in utility area), breakfast bar, double radiator, storage cupboard, wooden door with single glazed insert, X2 double glazed windows to rear and vinyl flooring.
Landing - Dado rail.
Bedroom 1 - 3.52m x 3.43m (11'6" x 11'3") - X2 double glazed windows to front aspect, storage cupboard and single radiator.
Bedroom 2 - 2.91m x 2.39m (9'6" x 7'10") - Double glazed window to rear aspect and single radiator.
Bathroom - White suite comprising: panelled bath with mixer hand attachment, pedestal hand basin, low level W.C, splash back tiling, double glazed window to rear aspect, radiator and vinyl flooring.
Externally - Rear yard, with coal house, paved patio, gravelled area and gated access to rear lane.
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.
* 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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