Get in touch directly at 0191 909 7020

37 South Street, Spennymoor, County Durham, DL16 7TU

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

Description

Moovd Online Property Auctions are delighted to offer to the market via Option A – Unconditional Online Auction, with a BUY IT NOW PRICE of £45,000 + Fees (£4,404 Inc VAT) this well presented, two-bedroom mid terrace, in the centre of Spennymoor which will undoubtedly prove popular amongst a range of potential buyers.

The layout briefly comprises UPVc front door into entrance hallway with stairs to first floor, large lounge, dining room and fitted kitchen. To first floor is a landing, two bedrooms and a family bathroom WC. Externally is an enclosed rear yard.

The property is sold with a sitting tenant paying £400 PCM or £4,800 per annum returning a yield of 10.67% on the advertised BUY IT NOW PRICE.

Within a minutes' walk of Spennymoor, providing a wide range of doorstep amenities including shops, restaurants, leisure centre with swimming pool, doctors and dentist.

This fantastic property is an excellent BTL investment. Viewings strictly by appointment only.

EPC rating C.

For more information, please contact Moovd directly.

Hallway -

Lounge - 3.68m x 3.66m (12'0" x 12'0") -

Dining Room - 4.90m x 3.72m (16'0" x 12'2") -

Kitchen - 2.82m x 1.95m (9'3" x 6'4") -

Landing -

Bedroom 1 - 4.75m x 3.71m (15'7" x 12'2") -

Bedroom 2 - 4.87m x 2.57m (15'11" x 8'5") -

Bathroom Wc -

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.

Loading the bidding panel...

Office Contact

Grant Lowes
01919097020

Agreement Documents

Legal Documents

Log in to view legal documents

Additional Documents

Related Documents

Virtual Tour

Virtual Tour

Make an Enquiry

Submit an enquiry and someone will be in contact shortly.

 
*  
*  
*
*
*

Share