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A Vacant Two Bedroom Mid Terrace House. If Let at the LHA Rate it Would Provide an Income of £5,086.12 per annum.
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.