For Sale By Auction | 09:30, 08 February 2024 | Lot 266

8A Quilstyle Road, Wheatley Hill, Durham, County Durham, DH6 3RF

*Guide | £13,000+ (plus fees)

  • Flat
  • Tenure: Long Leasehold. The property is held on a 999 year lease from 1st January 2022 at a Peppercorn rent.

Call the team on 020 7625 9007 for more information

Auction Date

Thu 08/02/2024

Auction Time

09:30

Auction Venue

Live Stream

A Ground Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £3,900 Per Annum

The property comprises a ground floor studio flat situated within a semi detached building arranged over ground and first floors.

Tenure

Long Leasehold. The property is held on a 999 year lease from 1st January 2022 at a Peppercorn rent.

Accommodation

Ground Floor Studio Room Kitchen Bathroom Store Room

Exterior

The property benefits from communal gardens.

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 3 years commencing 29th July 2022 at a rent of £75 per week. We have been advised by the seller that the tenant has been in occupation since 2019.

Current Rent Reserved

Current Rent Reserved £3,900 per annum

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Further Information

Buyers are to note that a Prohibition Order has been served to address urgent repairs at the property. For more information please refer to a copy of the order in the legal pack. Buyers are to make their own enquiries.

Energy Efficiency Rating (EPC)

Current Rating C

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.