Next Auction:
12/12/2024
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.
Entrance Lobby, Lounge/Dining Area Kitchen, First Floor Landing, Bedroom One, Bedroom Two, Bathroom, Yard.
Freehold
Durham County Council
Council Tax Band A
EPC Band D
By appointment through the Auctioneers
*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.
Please note that the following additional fees will apply to the purchase of your property:
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