3 bedroom flat for sale

Offered for sale as a tenanted investment, this property is currently let at £750 per calendar month, making it an attractive opportunity for investors.

Set within a popular and well-established residential area, this three-bedroom home offers generous living space along with gardens to both the front and rear, plus the added benefit of off-street parking. Ideally positioned close to Herrington Country Park and the iconic Penshaw Monument, the location perfectly balances scenic countryside walks with everyday local amenities.

The accommodation briefly comprises an entrance hallway leading to a spacious lounge and a well-proportioned fitted kitchen with ample space for dining. To the first floor are three bedrooms and a family bathroom. The property further benefits from uPVC double glazing throughout.

Externally, there is a front garden and a driveway providing off-road parking for multiple vehicles, while to the rear is an enclosed garden, ideal for privacy and outdoor enjoyment.

A well-located, income-generating property that should appeal to a range of investors.

Disclaimer One

This property is to be sold via conditional auction (option 2). The successful buyer will need to pay a non-refundable deposit of £3,000.00, this deposit will form part of the purchase price of the property. After the deposit has been taken the buyer will then have 28 days to exchange contracts. After the exchange of contracts this purchase must complete no later than 14 days from this date.

Disclaimer Two

Every auction property comes with a guide price and a reserve price. The guide price sets the starting point for bidding, while the reserve price represents the minimum price that the seller is willing to accept at auction. The auctioneer is not allowed to sell the property below this reserve price. The reserve price is not revealed to the public and is kept confidential between the seller and the auctioneer. It may be up to 10% higher than the guide price.

Please note that both the guide price and the reserve price are subject to potential changes leading up to and including the day of the auction.

Disclaimer Three

At your request we can refer you to a Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Reservation Fee

This property is sold subject to a non-refundable reservation fee of £2,400.00 inc VAT (£2,000.00 plus VAT) The reservation fee does not form part of the purchase price.

Legal Pack

A legal pack will be available to download before the auctions end date. We strongly recommend all buyers to familiarise themselves with the legal pack prior to bidding.

Registration

To register to bid for this property please copy the link below into your browser.

northwoodauctionne.com

Particulars

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.