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A Mid Terraced House Currently Arranged as Two x One Bedroom Flats. Both Flats are Subject to Assured Shorthold Tenancies Producing a Combined Income of £7,800 per annum.
The property comprises a mid terraced building internally arranged to provide two x one bedroom flats.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Leeholme and Coundon Recreation Centre are also within close proximity. Transport links are provided by Bishop Auckland rail station.
Accommodation
Ground Floor Flat Reception Room Kitchen Bedroom Bathroom with WC and wash basin First Floor Flat Reception Room Kitchen Bedroom Bathroom with WC and wash basin
Exterior
The property benefits from a rear yard demised to the ground floor flat.
Tenancy
Both properties are subject to an Assured Shorthold Tenancies for 36 months commencing 9th September & 12th September 2019 respectively at a combined rent of £150 per week.
Current Rent Reserved
Current Rent Reserved £7,800 per annum
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
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.