Sold £22,000
- Terraced House
- 2 Bedrooms
- Tenure: Virtual Freehold. The property is held on a 999 year lease.
Call the team on 020 7625 9007 for more information
A Vacant Two Bedroom Mid Terrace House. ERV of £4,487.60 per annum if Let at the Local Housing Authority Rate.
The property comprises a mid terrace two bedroom house arranged over ground and first floors.
Tenure
Virtual Freehold. The property is held on a 999 year lease.
Location
The property is situated on a residential road close to local shops and amenities. Numerous green open spaces are within easy reach including Memorial Park and South Moor Golf Club. Transport links are provided by the A1(M) motorway accessed via the nearby A693.
Accommodation
Ground Floor Two Reception Rooms Kitchen First Floor Two Bedrooms Bathroom with WC & wash basin
Exterior
The property benefits from a rear yard.
The LHA rates for a 2 bedroom property in this postcode is £86.30 per week. Thus potential income of £4,487.60 per annum (source: https://lha-direct.voa.gov.uk).
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
