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EPC

3 bedroom terraced house

Auction
Sold STC
Terraced house
3 beds
1 bath
861
EPC rating: C
Added > 14 days

Key information

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Features and description

  • Offered For Sale via Moovd Modern Auction
  • Spacious three bedroom mid terrace
  • Sold modernised and with vacant possession
  • Potential to be let at £550 PCM
  • Potential yield of 9.42%
  • Interested? view me!
Guide Price £70,000+

Three-bedroom mid terrace offered For Sale via Unconditional Online Auction. With a 'BUY IT NOW' Price available.

The spacious ground floor layout briefly comprises: Entrance hallway with staircase to first floor, lounge through diner with dual aspect front and rear and feature gas fire and fitted kitchen with access into the rear garden. To first floor are three bedrooms and a family bathroom W.C. Externally is a front forecourt garden and rear garden with patio and gated access.

Basingstoke Road, is located in a small cul de sac on the outskirts of Peterlee town centre and has excellent road and bus networks, including the nearby A19. The accommodation is also excellently located for East Durham College and schooling, including Acre Rigg Primary School and Academy.

The property is priced to sell and will be fully modernised internally on completion. This is to include a new kitchen, bathroom, deco and carpets. Therefore providing a perfect BTL investment at the above Guide Price and a targeted rental income of £550 PCM, yielding a potential 9.42% for any targeted BTL investor. An internal viewing is recommended.

EPC rating C.

For more information, please contact Moovd directly.

Hallway - Accessed via UPVc double glazed door, staircase to first floor and single radiator.

Lounge - 3.81m x 3.51m (12'5" x 11'6") - UPVc double glazed window to front aspect, feature fire place, coving, dado rail and single radiator.

Dining Room - 3.86m x 2.45m (12'7" x 8'0") - UPVc double glazed window to rear aspect, coving, dado rail and single radiator.

Kitchen - 3.49m x 2.66m (11'5" x 8'8") - Fitted with wall and base units, contrasting work surfaces, sink, integrated gas hob, electric oven, plumbed for washing machine, UPVc double glazed door and window to rear aspect.

Landing - Loft Access

Bedroom 1 - 3.49m x 3.89m (11'5" x 12'9") - UPVc double glazed window to front aspect, storage cupboard and single radiator.

Bedroom 2 - 3.87m x 2.47m (12'8" x 8'1") - UPVc double glazed window to rear aspect and single radiator.

Bedroom 3 - 2.65m x 2.42m (8'8" x 7'11") - UPVc double glazed window to front aspect, single radiator and wall mounted boiler.

Bathroom - A white suite comprising: bath, pedestal hand basin, low level W.C, splash back tiling and UPVc double glazed window to rear aspect.

Externally - Front forecourt garden and enclosed rear with gated access.

Moovd may work in partnership with marketing agents on our online auction lots and act as 'The Auctioneer', throughout the sale process.

Online Unconditional Auction:

The above property is been offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd's policy that all buyers are without fail AML checked at point of offer via signing our Bidder Registration Form. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting of £2,400.00 Inc VAT (£2,000 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

Guide Price:

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time during the timed auction.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide price and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

Reserve Price:

The property is offered subject to a Reserve Price (a figure below which we Moovd the Auctioneer cannot sell the property during the timed online auction) the reserve price will be set somewhere within the Guide Range or no more than 10% above a single figure Guide Price.

N.B. The reserve price may be either below or above the quoted guide price.

Anti Money Laundering Regulations

It is Moovd's policy that ALL BUYERS ARE WITHOUT FAIL AML CHECKED at point of offer via signing our Bidder Registration Form.

All buyers will be asked to produce two forms of identification documentation, either as part of the Bidder Registration process of if they make an acceptable pre-auction offer, we would ask for your assistance in order that there will be no delay in agreeing the sale. In addition, we may also ask for proof of funding, where required.

Legal Pack:

Each property has a valid Legal Pack, which is a set of documentation prepared by the seller's solicitor relating to the property been offered for sale. the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. We recommend you seek the counsel of a solicitor prior to proceeding with any property purchase.

The Legal Pack is available to download via the property details on our website. Moovd take no responsibility in the accuracy of the documents contained within the legal pack.

Particulars:

Moovd have taken reasonable care to prepare particulars that correctly describe each property. The particulars are based on information supplied by or on behalf of the seller. You need to check that the information in the particulars is correct. If we provide information, or a copy of a document, we do so only on the basis that we are not responsible for the accuracy of that information or document. The particulars and the sale conditions may change prior to the timed online auction and it is your responsibility to check that you have the correct versions. If the special conditions do not contain a description of the property, you take the risk that the description contained in the particulars is incomplete or inaccurate, as the particulars have not been prepared by a conveyancer and are not intended to form part of a legal contract.

Viewings:

Most of our properties are available to be viewed, strictly by appointment only.

Bidding:

Pre-auction bids maybe placed via our website: .
In order to submit a bid upon any property being marketed by us, all bidders/buyers will be required to adhere to a verification and identity process in accordance with our Anti Money Laundering procedures.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and the auctioneer in order that all matters can be dealt with effectively, we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Property information from this agent

About this agent

Moovd - Durham
Moovd - Durham
Carter House, Pelaw Leazes Ln Durham DH1 1TB
020 8022 6525
Full profileProperty listings
When you sell with Moovd, sell with confidence knowing you're using the Award Winning 'Best' Estate Agent in Durham back to back years! Dealing in both Auctions and Private Treaty, we are ready to discuss your specific requirements to ensure you receive the best price for your property. We understand what an important decision this is for you and are renowned for the time and care we show to our valued customers. Moovd combine local market expertise with entrepreneurial innovation, listening to your needs, wants and goals, using creativity to enhance your property for potential buyers, whilst standing beside you every step of the way. Advertising on all leading portals and social media, using first-class marketing, showcasing your property in the best possible light. 
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