47 Seymour Street, Bishop Auckland, County Durham, DL14 6JD
- Unconditional Online Sale
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 2
BTL Investors – Refurbished & Vacant Possession, Rental Potential of £600 PCM or £7,200 per annum, Potential 11.07% Gross Yield.
Description
BTL Investors – Refurbished & Vacant Possession, Rental Potential of £600 PCM or £7,200 per annum, Potential 11.07% Gross Yield.
A ready-to-let two-bedroom investment opportunity, recently refurbished and offered with immediate vacant possession.
The property has previously operated as a BTL Investment achieving around the £600 PCM or equivalent to £7,200 per annum and potential gross yield of 11.07% based on the BUY IT NOW Price.
Internally the property is well presented and includes two double bedrooms, two reception rooms, newly installed fitted kitchen and bathroom WC and an enclosed rear yard.
An attractive opportunity for an investor looking for a property where much of the refurbishment work has already been completed.
BUY IT NOW PRICE of £65,000 + Auction Fees of £4,800 Inc VAT.
Offered For Sale via Option A – Unconditional Online Auction Terms.
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 -
IMPORTANT INFORMATION FOR BUYERS
Moovd Online Property Auctions work in partnership with letting/ estate agents and act as the Auctioneer throughout the sale process. Buyers should establish which auction method applies to the particular lot before making an offer or placing a bid.
OPTION A - UNCONDITIONAL ONLINE AUCTION (Traditional Auction)
Where a lot is offered by Option A - Unconditional Online Auction, the fall of the electronic gavel creates a legally binding contract between the seller and the successful buyer, subject to the applicable auction terms, Legal Pack and Special Conditions of Sale. The successful buyer is legally committed to the purchase and must complete within the period stated in the legal documentation. This is commonly 20 business days, but buyers must rely on the period specified for the individual lot.
The successful buyer will also be required to pay any reservation deposit, buyer's administration fee or other sums stated in the auction terms, property particulars, Legal Pack or Special Conditions of Sale. Buyers should have finance and professional advice in place before bidding. A failure to obtain finance after becoming legally bound will not, of itself, release a buyer from the contract.
For Moovd Unconditional Auction lots, the buyer is required to pay a non-refundable Administration Fee of £3,000 including VAT (£2,500 + VAT) and a Reservation Deposit of 10% of the purchase price, subject to a minimum of £5,000 or whatever is greater, or where those sums are stated as applicable to the lot.
Any additional seller charges or other fees will be identified in the Legal Pack and/or Special Conditions of Sale.
Buyers are deemed to bid in full knowledge of the above. Buyers must take their own advice on the tax treatment of fees, including SDLT.
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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