Withdrawn | Lot 22

Artic House, 53 Eleventh Street, Peterlee, County Durham, SR8 4QQ

Withdrawn

  • End of Terrace House
  • 4 Bedrooms
  • Tenure: See Legal Pack

Call the team on 0191 908 9691 for more information

Auction Date

Tue 22/09/2015

Auction Time

19:00

Auction Venue

Ramside Hall Hotel, Carrville, Durham, DH1 1TD

Viewing Times:

Sat 5 Sep

11:00-11:30

Wed 9 Sep

10:30-11:00

Sat 12 Sep

10:30-11:00

Wed 16 Sep

10:30-11:00

Sat 19 Sep

10:30-11:00

IDEAL INVESTMENT - POTENTIAL 26% YIELD

Excellent investment opportunity. Two vacant, 2 bedroom flats both with double glazing, requiring some improvements. Both flats comprise: hall, lounge, kitchen, two bedrooms and bathroom.

Tenure

See Legal Pack

Communal Entrance

with uPVC door, door into flat 1 & door leading to stairs to flat 2.

Ground Floor Flat

Hall: with under stairs cupboard and radiator. Lounge: 14' x 12' with double glazed windows to the front and side and two radiators. Kitchen: 10'3 x 7'9 with a range of wall and base units with work surface incorporating sink, space for appliances and plumbing for washing machine. Double glazed window to the rear, radiator and door to the rear. Bedroom 1: 14'9 x 8'9 with double glazed window to the front and radiator. Bedroom 2: 10'6 x 7'9 with double glazed window to the side and radiator. Bathroom: 10'6 x 5' with a three piece suite comprising bath, wash hand basin and WC. Double glazed window to the rear and radiator.

First Floor Flat

Hall: with radiator. Lounge: 15' x 14'6 with double glazed windows to the front and side and two radiators. Kitchen: 8'10 x 8' with a range of wall and base units with work surface incorporating a stainless steel sink. Space for appliances and plumbing for washing machine. Double glazed window to the rear. Bedroom 1: 13' x 11'3 with double glazed window to the front and radiator. Bedroom 2: 13'6 x 7'9 with double glazed window to the side and radiator. Bathroom: 9'9 x 5' with a three piece suite comprising bath, wash hand basin and WC. Double glazed window to the rear and radiator.

Outside

On street parking to the front and hard standing for parking to the rear.

Rental Potential

Both flats have previously been let at £380 per calendar month per flat. Potential yield of 26%!

Viewing

To view please call 0191 908 9691

Energy Efficiency Rating (EPC)

Current Rating C & C

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Durham County Council

Solicitors

DMA Law, DMA Law, 9-11 Burnhope Way Peterlee, County Durham, SR8 1BT. Tel: 0191 586 3581, Tel: 0191 586 3581

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 £1200 inc VAT

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