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Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 3
  • Council Tax: Search

Three Bedroom traditional brick facade MID TERRACED HOUSE with on street parking. Currently tenanted at £400 per month circa £4,800 per annum. Enclosed courtyard gardens.

The property comprises a three bedroom mid terrace house arranged over ground and first floors. Presented in Reasonable Decorative Order. Benefits from Rear Yard.

Tenure - Freehold. The property is subject to an Assured Shorthold Tenancy at a rent of £400 pcm. The property is situated on Argent Street which links Crawlaw Avenue through to Ashton Street.

Peterlee is a town in County Durham, England, founded as a new town in 1948 under the terms of the New Towns Act 1946. It is located between Sunderland, Hartlepool and Durham.

The property is situated on a residential road close to local shops and amenities and half a mile from the beach and coastline. The open spaces of Castle Eden Dene National Nature Reserve is nearby.

A Freehold Three Bedroom Mid Terrace House Let on an Assured Shorthold Tenancy. Total Current Rent £4,800 per annum Accommodation Ground Floor Reception Room Kitchen First Floor Three Bedrooms Bathroom The property is let on an assured shorthold tenancy agreement (AST) at a rent of £400 per calendar month – Please refer to the legal pack. Council Tax - Band A For sale by online auction (Thursday 1st of june 2023). Guide Price £36,000. Three Bedroom terraced property. External Viewings only. The completion period for this property is 4 weeks (28 days). On average, properties in Peterlee sell for £99,858, and spend 13 weeks on the market. Detached houses currently fetch an average of £251,817, and flats: £65,000. Asking prices have changed on average -1.5% in the past 6 months. --- Outright Ownership --- COMPRISES: Entrance hallway, lounge, kitchen, three bedrooms and bathroom. Rented at £4,800 per annum. Tenure - Freehold. Three Bedroom Freehold property in SR8 district.

Viewings: External Viewings only. Peterlee is a town in County Durham, England, founded as a new town in 1948 under the terms of the New Towns Act 1946. It is located between Sunderland, Hartlepool and Durham. The property is situated on a residential road close to local shops and amenities and half a mile from the beach and coastline. The green open spaces of Castle Eden Dene National Nature Reserve is within easy reach. Public transport links are provided with Seaham Railway Station to the north together with a network of local bus services serving the surrounding vicinity. Road links are accessible via the A19. Shopping amenities can be found locally with a further range of shops, bars and restaurants located in Sunderland to the north. Recreational pursuits include Seaham Golf Course to the north.

Full Address: 11 Argent Street, Peterlee, County Durham, SR8 3QA

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Annual
Rent: £4,800 per year / £400 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: Tenanted since 2020 at £400 per month. All payments up to date. No issues with tenant. Managed Professionally.

Document Downloads

Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £34,000

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.

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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.

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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.

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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