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.

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.