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47 Seymour Street, Bishop Auckland, County Durham, DL14 6JD

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

Description

A refurbished two-bedroom mid terrace rental property offered For Sale via Option A -Unconditional Online Auction Terms with a BUY IT NOW PRICE of £65,000 plus Auction Fees (£4,800 Inc VAT).

The accommodation on offer, is sold with immediate vacant possession and has previously been used as a BTL investment, achieving a rental income of £500 PCM. Therefore, returning a yield of 9.23% on the advertised price.

The well-presented property briefly comprises: Entrance porch, hall with staircase to first floor, lounge with feature fireplace and bay window, rear dining room, newly installed fitted kitchen and bathroom WC. Split level landing, two double bedrooms to first floor and an enclosed rear yard with forecourt to front.
The property has a superb location, within walking distance to Bishop Auckland’s high street and everyday amenities as well as Asda, Morrisons and Hospital. Local schooling is also on the doorstep with Etherley Lane Primary School a short stroll away.

This superb, readymade investment must be viewed internally to appreciate and viewings are by appointment only.

EPC rating C.

For more information, please contact Moovd directly.

Porch -

Hall -

Lounge - 3.28m x 3.28m (10'9" x 10'9") -

Dining Room - 3.54m x 3.21m (11'7" x 10'6") -

Kitchen - 2.31m x 2.15m (7'6" x 7'0") -

Bathroom Wc -

Landing -

Bedroom 1 - 4.82m x 3.37m (15'9" x 11'0") -

Bedroom 2 - 3.57m x 2.95m (11'8" x 9'8") -

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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Joint Agent

Emma Browell
0191 383 0011

Office Contact

Grant Lowes
01919097020

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