Property Auction House and RICS Registered Valuer

Next Auction:
13/6/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
 

Lot 2

4 Commercial Street, Trimdon Station, County Durham

Photo of 4 Commercial Street, Trimdon Station, County Durham
Photo of 4 Commercial Street, Trimdon Station, County Durham
Photo of 4 Commercial Street, Trimdon Station, County Durham
Photo of 4 Commercial Street, Trimdon Station, County Durham
Photo of 4 Commercial Street, Trimdon Station, County Durham
Photo of 4 Commercial Street, Trimdon Station, County Durham
Withdrawn
 

Lot 2

The property is located in the centre of the village within walking distance to local amenities. Sedgefield lies approximately 4.5 miles to the south and Peterlee 4 miles to the northeast. There is easy access to the A1 within 4.5 miles that connects London to the North East. The property comprises a two bedroom end of terrace house, with the benefit of double glazing and gas fired central heating. There is also a bathroom and kitchen and a yard to rear. We are advised that the property is currently let on an AST at £550 pcm (£6600 pa), thus offering a strong yield for an investment purchase. The property is sold with the benefit of this investment income.

ACCOMMODATION

Entrance Lobby, Lounge/Dining Area Kitchen, First Floor Landing, Bedroom One, Bedroom Two, Bathroom, Yard.

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

Durham County Council
Council Tax Band A
EPC Band D

VIEWING TIMES

By appointment through the Auctioneers

Enquiry Form

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Price Information

*Guides 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. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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