A Two Bedroom End of Terrace House Subject to an Assured Shorthold Tenancy Producing £3,000 per annum (£150 pcm for First Six Months While Tenant Redecorates Rising to £350 pcm for Remaining Six Months).

The property comprises a end of terrace two bedroom house arranged over ground and first floors. We understand that the property is being repaired and redecorated by the tenant in exchange for a reduced rent for the first 6 months.

Tenure

Virtual Freehold. The property is held on a 999 year lease.

Location

The property is situated on a predominantly residential road close to local shops and amenities. Numerous green open spaces are within easy reach. Transport links are provided by Bishop Auckland rail station which is approximately 3 miles away.

Accommodation

Ground Floor Two Reception Rooms Kitchen First Floor Two Bedrooms Bathroom with WC & wash basin

Exterior

The property benefits from a rear yard.

Tenancy

The property is subject to an Assured Shorthold Tenancy agreement from 9th April 2019 for a term of 12 months at a rent of £150 pcm for the first 6 months rising to £350 pcm for the next 6 months.

Current Rent Reserved

Current Rent Reserved £3,000 per annum

Viewing Details

Please refer to us directly on: 0207 625 9007

Current Rent Reserved £4,836 per annum

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 £1,500 inc VAT

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