For Sale By Auction | 12:00, 12 February 2019 | Lot 71

20 Eighth Street, Peterlee, County Durham, SR8 4LY

*Guide | £14,000+ (plus fees)

  • Terraced House
  • 2 Bedrooms
  • Tenure: Long Leasehold. The property is held on a 999 year lease

Call the team on 020 7625 9007 for more information

Auction Date

Tue 12/02/2019

Auction Time

12:00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Vacant Two Bedroom Mid Terrace House

The property comprises a two bedroom mid terrace house arranged over ground and first floors.

Tenure

Long Leasehold. The property is held on a 999 year lease

Location

The property is situated on a residential road close to local shops and amenities and just half a mile from the beach and coastline. The green open spaces of Welfare Park are a short walk away. Castle Eden Dene National Nature Reserve is also within close proximity.

Accommodation

Ground Floor Reception Room Kitchen/Diner First Floor Two Bedrooms Bathroom

Exterior

The property benefits from a rear courtyard

The LHA rates for a 2 bedroom property in this postcode is £97.81 per week. Thus potential income of £5,086.12 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.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.