Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 27th February 2025 this pair of one bedroom flats. The accommodation is a perfect BTL and ready made investment. 33A is currently let at £425 PCM and 33B is currently available but previously let at £450 PCM, yielding 13.13% on the advertised Guide Price.
The ground floor flat briefly comprises large lounge with storage cupboard, double bedroom, white bathroom and fitted kitchen with a range of units with contrasting work surfaces and UPVc door into yard. The first floor flat includes UPVc door into staircase to first floor, double bedroom, light and spacious lounge, modern fitted kitchen and white bathroom suite. Externally there is a shared yard.
Situated in Southmoor on the oustskirts of Stanley, this well presented accommodation is located within easy access of Consett, Durham and Newcastle and on excellent bus routes. With countryside walks, good schools, shops, restaurants and more on the doorstep, this fantastic pair of flats will appeal to many.
With an attractive Guide Price and an appealing monthly rental income, we suggest an early viewing. Viewings strictly by appointment only.
EPC rating D & D.
For more information, please contact Moovd directly.
Ground Floor Lobby -
Ground Floor Bedroom - 3.72m x 3.67m (12'2" x 12'0") -
Ground Floor Lounge - 5.65m x 3.83m (18'6" x 12'6") -
Ground Floor Bathroom -
Ground Floor Kitchen - 1.73m x 1.92m (5'8" x 6'3") -
First Floor Lobby -
First Floor Landing -
First Floor Kitchen - 2.09m x 3.11m (6'10" x 10'2") -
First Floor Bedroom - 4.17m x 3.31m (13'8" x 10'10") -
First Floor Lounge - 3.48m x 3.53m (11'5" x 11'6") -
First Floor Bathroom -
Externally - An enclosed rear yard and front forecourt.
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 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 to £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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.