FOR SALE BY THE MODERN METHOD OF AUCTION * STARTING BID £15,000 * Ideal Investment £395 pcm Rent Return / Three Bedroom Terraced House / Lounge / Dining Kitchen / Bathroom / Double Glazed / Solid Fuel Heating / Gardens / Within Reach Of A19, Schools & Shops / Buyers Premium Applies
FOR SALE BY THE MODERN METHOD OF AUCTION * STARTING BID £18,500 * ... This exceptional investment opportunity should offer a rental return of £395 Pcm, providing a yield over 15%. Easington Colliery is situated within reach of the new Horden railway station, due to be operational by 2020, linking the area with the larger conurbations of Hartlepool, Sunderland and Newcastle, major transport networks including the A19, local schools and the high street shops situated nearby. The accommodation includes three bedrooms, a lounge, kitchen, bathroom, gardens and double glazing throughout. Hunters, located in the nearby Castle Dene Shopping Centre in Peterlee, can also provide lettings management services for the successful bidder, call our office on 01915863836 for further information.
Situated at the front of the property the entrance hall includes a double glazed external composite door, tiled flooring and two further internal doors offering accessibility into the bathroom and the kitchen respectively.
4.34m (14' 3") x 2.84m (9' 4")
This delightful principle reception room provides attractive views over the enclosed rear gardens through double glazed windows and offers an open solid fuel fireplace complimented with arched alcoves and a useful walk into understairs storage cupboard. Internal doors open into the rear hallway and the kitchen.
3.74m (12' 3") x 2.84m (9' 4")
Located at the front of the property the kitchen offers an expanse of wall and floor cabinets finished in a white colour and contrasting laminated work surfaces which integrate a stainless steel sink and drainer unit complete with mixer tap fitments set beneath the double glazed window overlooking the enclosed front courtyard. Additional accompaniments include an electrical cooker point, plumbing for an automatic washing machine and internal doors offering accessibility into the entrance hall and the lounge.
Nestled on the ground floor, adjacent to the entrance hall, the bathroom includes a panel bath with an overhead shower, a low level W/c, a hand wash basin set into a vanity cabinet and a double glazed window overlooking the front courtyard.
A welcoming area which includes a double glazed external door opening into the rear enclosed gardens, a further internal door offering access into the lounge and a feature staircase leading to the first floor landing area.
FIRST FLOOR LANDING
Situated at the top of the stairwell from the rear hallway, the landing area includes an electric night storage heater, loft access and three internal doors opening into the bedrooms.
4.75m (15' 7") x 3.64m (11' 11")
The impressively proportioned master bedroom, set at the rear of the home, includes a useful storage cupboard and a double glazed window offering elevated views of the gardens.
3.68m (12' 1") x 3.23m (10' 7")
The second double bedroom is positioned at the front of the property and includes a double glazed window together with an airing cupboard housing the hot water cylinder.
2.61m (8' 7") x 2.41m (7' 11")
The delightful third bedroom, located adjacent to the second bedroom, includes a double glazed window to the front elevation.
The rear gardens comprise mostly of lawns intersected with a pathway leading from the wrought iron gate to the entrance door opening into the rear hallway.
At the front of the home there is a gated enclosed walled courtyard, on a predominantly west facing aspect, leading to a double glazed external door opening into the main hallway of the residence.
FOR SALE BY THE MODERN METHOD OF AUCTION * STARTING BID £18,500 *
IMPORTANT AUCTION INFORMATION
This property is offered for sale by the ‘Modern Method of Auction’. The successful bidder is required to pay a non-refundable reservation fee of 3.5% or £5,000.00 (whichever is higher). Any successful bidder will pay this to secure the property. The reservation fee is in addition to the purchase price. The successful bidder then has 28 days to exchange legally binding contracts.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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.