12 Clarence Street, Bowburn, Durham, County Durham, DH6 5BB

  • Unconditional Online Sale
  • Bedrooms: 3
  • Bathrooms: 1
  • Reception Rooms: 2

Description

Moovd Online Property Auctions are delighted to offer For Sale via Option A –Unconditional Online Auction with a BUY IT NOW PRICE of £65,000 + Fees (£4,404 Inc VAT) this LET three-bedroom, mid terrace. Let at £550 PCM the property is returning a yield of 10.15% on the advertised Guide Price.

Situated in the popular residential village of Bowburn and lying within easy reach of Durham City Centre, the A1M North and South, along with good local shops, schools and amenities, this spacious three-bedroom terraced house provides well-proportioned family sized accommodation, in a quiet street away from the main road.

The accommodation briefly comprises: Entrance Hall, Lounge, Dining Room, Kitchen, Bathroom/WC, 3 good sized Bedrooms and yard to rear.

A perfect, readymade BTL, where an internal viewing is highly recommended.

EPC rating E.

For more information, please contact Moovd directly.

Hall -

Lounge - 4.02m x 3.83m (13'2" x 12'6") -

Dining Room - 4.48m x 4.15m (14'8" x 13'7") -

Kitchen - 3.42m x 1.98m (11'2" x 6'5") -

Bathroom Wc -

Landing -

Bedroom 1 - 4.84m x 2.50m (15'10" x 8'2") -

Bedroom 2 - 3.59m x 3.09m (11'9" x 10'1") -

Bedroom 3 - 3.91m x 2.50m (12'9" x 8'2") -

Externally -

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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Grant Lowes
01919097020

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