Lot 8 - 11 Longfellow Street, Houghton Le Spring, Tyne And Wear, DH5 8LF
- Unconditional Online Auction Sale
- Guide Price* : £50,000
- End Terraced House
- Three Bedrooms
- Located of the edge of the town centre
- Double glazing and central heating
- Investment Property Let at £6,600 per annum
ON BEHALF OF LPA RECEIVERS: Three bedroom end terraced house Let at £550pcm.
Description
A residential investment comprising a three bedroom end terraced house benefiting from double glazing and central heating (not tested). The property is Let at an annual equivalent rent of £6,600.
Location
The property is located on the edge of Houghton Le Spring town centre with local shopping, schools, health and leisure facilities all being close at hand. Longfellow Street is conveniently located for access to the A690.
Tenure
The property is held Freehold.
Accommodation
Ground Floor: Lounge, Kitchen, Bathroom and Lean-to/Store Room.
First Floor: Three Bedrooms
Outside
Gardens to the front and side with a yard to the rear.
Tenancies
The Receivers have not had sight of the Tenancy Agreement and no further information will be available. The Tenant has advised that they have been in occupation for approximately 7 years and the current rent is £550pcm from June 2024.
EPC
Energy Performance Asset Rating - D
Council Tax Band
A
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,000 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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