47 Pine Street, Stanley, County Durham, DH9 7BB
- Unconditional Online Auction Sale
- Guide Price* : £36,000
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
Description
Moovd are delighted to offer this two-bedroom mid terrace in the village of Southmoor, on the outskirts of Stanley, offered For Sale via Option A – Unconditional Online Auction.
The property is sold with a sitting tenant in situ, paying £90 per week or £4,680 per annum, returning a yield of 13.0% on the advertised Guide Price.
The ground floor briefly comprises: immediately off the street into a large lounge leading through to the kitchen at the rear of the property and a vestibule with staircase to first floor. To first floor is a landing area, two bedrooms and a family bathroom W.C. Externally is an enclosed rear yard.
Situated in Southmoor on the outskirts 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 property is bound to appeal.
To arrange a viewing, please contact the office. Viewings are strictly by appointment only.
EPC rating TBC.
For more information, please contact Moovd directly.
Lounge - 5.52 x 4.95 (18'1" x 16'2") - UPVc double glazed window to front, Adam style feature fireplace with fire, door opening to staircase.
Kitchen - 4.24 x 1.34 (13'10" x 4'4") - UPVc double glazed window to rear and door to yard, fitted with a range of base and wall units with contrasting work surface, stainless steel sink with drainer unit, plumbed for washing machine, wall mounted boiler, cooker point.
First Floor Landing - UPVc double glazed window to rear.
Bedroom 1 - 5.09 x 2.96 (16'8" x 9'8") - UPVc double glazed window to front, radiator.
Bedroom 2 - 3.72 x 2.33 (12'2" x 7'7") - UPVc double glazed window to front, radiator.
Bathroom - UPVc double glazed and frosted window to rear, white suite including WC, pedestal hand basin, paneled bath, splash back tiling.
External - Steps down to rear yard.
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 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
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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Agreement Documents
- Option A - Moovd General Terms & Conditions – Online Unconditional Auction
- Option A - Moovd Amendments to Common Auction Conditions – Online Unconditional Auction
- Option A - Moovd Common Auction Conditions– Online Unconditional Auction
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