Lot 2 - 34, Close House, Bishop Auckland, County Durham, DL14 8RS

  • Unconditional Online Auction Sale
  • Guide Price* : £39,950
  • Bedrooms: 3
  • Bathrooms: 1
  • Reception Rooms: 1

Description

Moovd Online Property Auctions offer For Sale via Option A – Unconditional Online Auction on 22nd May 2025 this three-bedroom end terrace.

The accommodation on offer is sold with a sitting tenant, paying a monthly rent of £400 PCM or £4,800 per annum on an AST tenancy agreement or a yield of 12.01% against the advertised Guide Price.

The ground floor layout briefly comprises entrance porch leading into a large lounge with feature fireplace and double doors to a fitted kitchen diner, inner hallway with storage cupboard and stairs to first floor. To first floor are three well proportioned bedrooms and a family bathroom WC. Externally is an enclosed rear yard.

The property would be an excellent purchase for any BTL investor wanting to increase their rental portfolio and an internal viewing is considered essential to truly appreciate. Viewings are by appointment only.

EPC rating E.

For more information, please contact Moovd directly.

Porch - Accessed via UPVc double glazed door and laminate flooring.

Lounge - 4.99m x 3.76m (16'4" x 12'4") - UPVc double glazed window to front aspect, feature fire place with gas fire insert, NHS heater, laminate flooring and doors to:

Kitchen Diner - 4.20m x 3.11m (13'9" x 10'2") - Fitted with a range of wall and base units contrasting work surfaces, 1 bowl sink with drainer unit and mixer tap over, splash back tiling, electric cooker point, extractor hood over, plumbed for washing machine, UPVc double glazed window to rear aspect, wall mounted boiler, breakfast bar, NS heater and tiled flooring.

Hall - UPVc double glazed door to rear yard, stairs to first floor, storage cupboard and NS heater.

Landing - Loft access and UPVc double glazed window to side aspect.

Bedroom 1 - 4.10m x 3.19m (13'5" x 10'5") - UPVc double glazed window to rear aspect, wall mounted electric radiator.

Bedroom 2 - 3.99m x 3.30m (13'1" x 10'9") - UPVc double glazed window to front aspect and electric wall mounted heater.

Bedroom 3 - 2.97m x 1.69m (9'8" x 5'6") - UPVc double glazed window to front aspect.

Family Bathroom Wc - A white suite comprising of: panelled bath with mixer hand attachment, pedestal hand basin, low level WC, splash back tiling, UPVc double glazed frosted window to rear aspect and tiled flooring.

Externally - Rear yard with 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 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.

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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