Lot 3 - 13 Bowness Close, Peterlee, County Durham, SR8 5NG
- Unconditional Online Auction Sale
- Guide Price* : £27,500
Addendum
Various works specified in the Improvement Notice have been completed. Please refer to the copy email in the legal pack and interested parties will be responsible for any outstanding works following completion.
- Semi Detached House
- Two/Three Bedrooms
- Double glazing and central heating
- Investment Property Let at £400pcm
ON BEHALF OF LPA RECEIVERS: Two/three bedroom semi detached house Let at £400pcm.
Description
A residential investment comprising a two bedroom semi detached house benefiting from double glazing and central heating (not tested). The second bedroom has been partitioned to provide a third bedroom. The property is currently Let at £4,800pa. An Improvement Notice has been served by Durham County Council, a copy of which can be downloaded from the legal pack. Please note it is understood that the Receivers are looking to undertake these works.
Location
The property is located in Peterlee with the Coast Road (A1086) to the east and the A19 approximately 1.3 miles to the west. Shops and amenities are provided within Peterlee town centre.
Tenure
The property is held Freehold.
Accommodation
Ground Floor: Hall, Living Room/Dining Room, Kitchen and Conservatory
First Floor: Two/Three Bedrooms and Bathroom/W.C
Outside
Front yard and rear garden.
Tenancies
The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 11th October 2023 at a rent of £400pcm.
EPC
Energy Performance Asset Rating - C
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 property is in an area of Selective Licensing, however, it is understood that a Licence is not currently in place. Interested parties would need to satisfy themselves in this regard.
2. 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.
3. 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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