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House For Sale £20,000
5 George Street, Ferryhill, County Durham DL17


Description
For sale by auction on Wednesday, 02 Jun 2021 at 14:00

Venue: Online online,

two bedroom mid-terraced property in popular buy to let area, currently let


This two bedroom mid-terrace property has not been inspected by Auction House North East due to the current tenancy that is running. All information has been supplied via the current vendor. Currently let and returning £3600 per annum, the accommodation in brief comprises, lounge/dining room, kitchen, bathroom, landing and two bedrooms. Upvc double glazing throughout and central heating. Enclosed yard to the rear externally. Viewing will not be possible due to the running tenancy.

Located in a popular area of Ferryhill, County Durham for buy to let purchases and ideal for access to A689 and A1 for commuting around the region. Only a short drive to the Town Centre and other larger surrounding Towns of Bishop Auckland and Spennymoor offer a large array of amenities. Currently let and producing a return of £3600 per annum a staggering 18% from Guide price.

EPC Rating: D

Additional Fees
Buyers Premium: £1800 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

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

Price Information
* 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 prior to the auction. Each 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Follow the link for more information:
        
zoopla.co.uk

  
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