2 bed Flat For Sale £60,000
Summary
To be sold via Online Auction until 20/10/21 12:30. Fees Apply
A lovely modern ground floor apartment is situated within close proximity to local amenities. Benefits from gas central heating, double glazing and allocated parking. Being sold with no onward chain, comprises of communal entrance lobby, hall, lounge with kitchen area, two bedrooms master with dressing room, bathroom.
Kitchen
Range of wall and base units with work surface, plumbed for washing machine, electric hob and oven, sink with drainer and mixer tap, double glazed window.
Hallway
Built in storage cupboard.
Lounge
Double glazed window, radiator.
Bedroom One
Double glazed window, radiator, door to;
Bedroom Two
Double glazed window, radiator.
Bathroom / WC
Bath with shower tap fitment, low level wc, pedestal wash hand basin, tiled splash back, tiled walls, double glazed window.
Rental Expectations
The demand for properties within the local area is extremely high.
You would Expect to achieve 475 - 525 Per Calendar Month
Gross Potential annual income of 6300
Gross potential Return Rate 10.5% (at starting bid)
Why Not Let Us Find You A Tenant?
As a result of many years experience, we are able to deliver a unique level of marketing and management of rental properties; including full property management, referencing, rent collection and rent guarantee. We manage a huge portfolio of rental properties across the North East.
Renting is a commercial risk for any landlord, whether you have one property or a portfolio of properties, but we do all we that can to help minimise that risk to you.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to 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. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon agreement of sale, the successful bidder will be expected to pay a non-refundable deposit and or reservation fee of up to 6% inc VAT (subject to a minimum of between 2,400 and 6,000 inc VAT dependant on geographical location and contract type) Full terms and conditions are available on The Auctioneers website.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or obligation to use these recommended suppliers or services.
To be sold via Online Auction until 20/10/21 12:30. Fees Apply
A lovely modern ground floor apartment is situated within close proximity to local amenities. Benefits from gas central heating, double glazing and allocated parking. Being sold with no onward chain, comprises of communal entrance lobby, hall, lounge with kitchen area, two bedrooms master with dressing room, bathroom.
Kitchen
Range of wall and base units with work surface, plumbed for washing machine, electric hob and oven, sink with drainer and mixer tap, double glazed window.
Hallway
Built in storage cupboard.
Lounge
Double glazed window, radiator.
Bedroom One
Double glazed window, radiator, door to;
Bedroom Two
Double glazed window, radiator.
Bathroom / WC
Bath with shower tap fitment, low level wc, pedestal wash hand basin, tiled splash back, tiled walls, double glazed window.
Rental Expectations
The demand for properties within the local area is extremely high.
You would Expect to achieve 475 - 525 Per Calendar Month
Gross Potential annual income of 6300
Gross potential Return Rate 10.5% (at starting bid)
Why Not Let Us Find You A Tenant?
As a result of many years experience, we are able to deliver a unique level of marketing and management of rental properties; including full property management, referencing, rent collection and rent guarantee. We manage a huge portfolio of rental properties across the North East.
Renting is a commercial risk for any landlord, whether you have one property or a portfolio of properties, but we do all we that can to help minimise that risk to you.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to 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. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon agreement of sale, the successful bidder will be expected to pay a non-refundable deposit and or reservation fee of up to 6% inc VAT (subject to a minimum of between 2,400 and 6,000 inc VAT dependant on geographical location and contract type) Full terms and conditions are available on The Auctioneers website.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or obligation to use these recommended suppliers or services.
