FOR SALE BY AUCTION - Sitting tenant with yield of 9.5% +
This three bedroomed mid terraced property is located in a quiet residential area within Auckland Park. Situated a short distance, approximately 2 miles from Bishop Auckland. Allowing easy access to a range of local amenities which includes; supermarkets, retail stores, healthcare facilities and good local primary and secondary schools. Great public transport links via bus and rail are available allowing access to neighbouring towns and cities such as Durham, Newcastle and York, ideal for commuters. .
This property is offered for sale with a tenant in situ, in brief it comprises of a spacious kitchen/diner and living room to the ground floor. Whilst the first floor contains three well proportioned bedrooms along with the family bathroom. Externally there is a small garden to the rear along with a low maintenance yard to the front. Across the lane is a further large garden which is mainly lawned as well as a gated drive allowing off street parking.
For bidding please visit: www. underthehammer. com
*START PRICES & RESERVE PRICES
Each property sold is subject to a Reserve Price. The Reserve Price will be within +10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
By arrangement with the partner agents or contact 03455 120 115.
EPCs can be viewed in full on our website www. underthehammer. com on the sales details page or in the legal pack.
UNCONDITIONAL AUCTION DETAILS
Contracts are exchanged immediate at the end of the auction and a deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.
Completion will be 8 weeks, which means interested parties can proceed with traditional residential finance.
Every buyer must first create an account at www. underthehammer. com/account/create/ Remote bidding facilities are also available, contact the auction office for further details.
FULL TERMS & LEGAL DOCUMENTS
Available at www. underthehammer. com
Spacious kitchen/diner fitted with a range of white wall and base units, contrasting work surfaces, splash backs and sink/drainer unit. Benefiting from an integrated electric oven, hob and overhead extractor unit, whilst space is available for additional free standing appliances such as a washing machine and fridge/freezer. Ample room is available for a dining table and chairs, archway leads into the living room.
5.12m (16' 10") x 4.08m (13' 5")
The living room is located to the rear of the property, benefiting from neutral décor, space for an electric fire with feature surround and window to the rear overlooking the small garden.
2.27m (7' 5") x 3.12m (10' 3")
Master bedroom which provides space for a double bed with additional free standing furniture, window to the which enjoys countryside views.
2.66m (8' 9") x 4.01m (13' 2")
The second bedroom is another well proportioned double bedrooms, benefiting from a fitted storage cupboard and window to the front elevation allowing plenty of natural light.
2.36m (7' 9") x 4.13m (13' 7")
A great sized single bedroom providing space for free standing furniture, window to the rear elevation.
The family bathroom is located on the first floor, it comprises of a panelled bath, WC, wash hand basin and single shower cubicle. Opaque window to the front elevation.
Externally there is a small enclosed garden to the rear, whilst to the front there is a enclosed low maintenance yard with gated access to the front lane where on street parking is available.
Across the front lane there is a separate large garden which is mainly lawned, along with gated access to allow for secure off street parking.