BIDDING OPENS in...

Map & Location

Map   Street View   Satellite

Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

PRIME INVESTMENT PROPERTY - TWO BED MID TERRACE HOUSE. Long standing tenant in place paying £450 PCM (£5,400 pa) POPULAR BUY TO LET LOCATION

COMPRISES: Entrance hallway, lobby, lounge and a fitted kitchen with cooking appliance. To the first floor there are two bedrooms and a bathroom/WC. Self contained yard to the rear.

LONG STANDING TENANT IN PLACE Tenanted property from April 2018 producing £5,400 per annum providing a yield of 16%.

PERFECT FAMILY HOME OR BUY TO LET Excellent investment in very popular rental location close to primary and secondary schools.

Situated within a short distance to a range of local amenities on Longlands Road, North Ormesby Market, Tesco Express and Pallister Park.

PRIME INVESTMENT PROPERTY - TWO BED MID TERRACE HOUSE. Long standing tenant in place paying £450 PCM (£5,400 pa) POPULAR BUY TO LET LOCATION COMPRISES: Entrance hallway, lobby, lounge and a fitted kitchen with cooking appliance. To the first floor there are two bedrooms and a bathroom/WC. Self contained yard to the rear. LONG STANDING TENANT IN PLACE Tenanted property from April 2018 producing £5,400 per annum providing a yield of 16%. PERFECT FAMILY HOME OR BUY TO LET Excellent investment in very popular rental location close to primary and secondary schools. Situated within a short distance to a range of local amenities on Longlands Road, North Ormesby Market, Tesco Express and Pallister Park.

Located within reach of local schools, shops and the Stanley to Durham bus route whilst Stanley town centre with its varied local and larger stores in around 5 minutes drive away. Nearby are also fantastic local attractions such as Beamish Museum, Causey Arch and many rural walks. Elm Street is situated in South Moor where there are local shops available and a school nearby. The property is only a short drive away from Stanley town centre where there is a wide range of local shops and facilities. There are also good transport links to surrounding areas such as Consett, Chester Le Street, Durham and Newcastle-Upon-Tyne. The A1 is also within a 10 minute drive, along with popular local attractions including Beamish Museum and Tanfield Railway.

Full Address: 64 Elm Street, South Moor, Stanley, DH9 7EA

Show More

Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length:
Rent: £5,400 per year / £450 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Pending) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £33,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 03 October 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue