Lot 5 - 12 Easington Street, Peterlee, County Durham, SR8 3LD

  • Unconditional Online Auction Sale
  • Guide Price* : 20,000 Plus

ON BEHALF OF THE RECEIVERS: Two bedroom mid terrace house benefiting from double glazing and central heating let at £392.10 per month.

Description

Residential investment comprising a two bedroom mid terrace house benefiting from double glazing and central heating let on an Assured Shorthold Tenancy at a rent of £4,705.20 per annum.

Location

The property is located in Easington an ex mining town approximately 2 miles north of Peterlee. The A19 is within half a mile to the west and Durham Heritage Coast is within 1 mile to the east.

Tenure

Freehold.

Accommodation

Ground Floor: Open plan Living Room/Kitchen
First Floor: Two Bedrooms and Bathroom

Outside

Enclosed rear yard and outhouse.

Tenancies

The property is let by way of an Assured Shorthold Tenancy agreement at a rent of £392.19 per month. The tenant is holding over and is understood to have been in occupation since 2009.

EPC

The Energy Asset Rating is E

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1000 plus VAT payable upon exchange of contracts.

* Generally speaking Guide Prices 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 prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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