Lot 4 - 4A Lawnswood, Houghton Le Spring, Tyne And Wear, DH5 8JB
- Unconditional Online Auction Sale
- Guide Price* : £50,000
Addendum
The rent was increased in February 2024 to £500pcm - please refer to the rent statement contained within the legal pack for further information.
- End Terraced House
- Three Bedrooms
- Investment Property Let at £500pcm
- Double glazing and central heating
ON BEHALF OF LPA RECEIVERS: Three bedroom end terraced house Let at £500pcm
Description
A residential investment comprising a three bedroom end terraced house benefiting from double glazing and central heating (not tested). The property is currently Let at £6,000 per annum.
Location
The property is located in the highly sought-after Lawnswood estate of Houghton le Spring. Situated in close proximity to Houghton le Spring town centre, offering convenience and accessibility to a range of amenities.
Tenure
The property is held Freehold.
Accommodation
Ground Floor: Lounge and Kitchen
First Floor: Three Bedrooms and Bathroom
Outside
Front and rear gardens. Garage at the rear and a demised off-site parking space.
Tenancies
The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 1st December 2020. The rent was increased in February 2024 to £500pcm.
EPC
Energy Performance Asset Rating - D
Council Tax Band
A
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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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