Lot 3 - 104 Highfield Rise, Chester Le Street, County Durham, DH3 3UY

  • Unconditional Online Auction Sale
  • Guide Price* : £60,000
  • Two Bedroom First Floor Apartment
  • Allocated Car Parking Space
  • Double glazing and central heating
  • Within walking distance to the town centre
  • Sold with tenant insitu - £550pcm

ON BEHALF OF LPA RECEIVERS: Two bedroom first floor flat Let at £550pcm.

Description

A residential investment comprising a two bedroom first floor flat within a modern purpose built development, benefiting from double glazing, central heating (not tested), en suite to Master and an allocated car parking space. The property is sold subject to a tenant insitu producing an annual equivalent rent of £6,600.

Location

The property is located in the sought-after Highfield Rise in Chester Le Street within walking distance of the town centre's many amenities.

Tenure

The property is held Leasehold for a term of 999 years (less one day) from 1st January 2005.

Accommodation

Open Plan Lounge/Kitchen, Two Bedrooms, Bathroom and En Suite to Master

Outside

Communal grounds and an allocated car parking space.

Tenancies

The property is Let on an Assured Shorthold Tenancy agreement for a term of 12 months from the 8th March 2019 at a current rent of £550pcm.

EPC

Energy Performance Asset Rating - B

Council Tax Band

B

Lease Start Date

01/01/2005

Lease Duration

999 years (980 years unexpired)

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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Sold for £68,000

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Additional Documents

Office Contact

Kate Lay
0161 967 0122
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Important Documents

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