Lot 7 - 18 Finchale Road, Newton Aycliffe, County Durham, DL5 5HT
- Unconditional Online Auction Sale
- Guide Price* : £80,000
- End Terraced House
- Three Bedrooms
- Double glazing and central heating
- Being sold with tenant insitu - £507.69 every four weeks
ON BEHALF OF LPA RECEIVERS: Three bedroom end terraced house Let at £507.69 every four weeks.
Description
A residential investment comprising a three bedroom end terraced house benefiting from double glazing and central heating (not tested). The property is being sold with a tenant insitu producing an annual equivalent income of £6,599.97.
Location
The property is located on Finchdale Road which can be accessed from St. Cutherberts Way (B6443) and is close to a range of local amenities, schools and transport.
Tenure
The property is held Freehold.
Accommodation
Ground Floor: Living Room, Kitchen, Dining Room and W.C
First Floor: Three Bedrooms and Bathroom/W.C
Outside
Rear garden.
Tenancies
The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 12th June 2014. The rent was increased on the 6th May 2024 to £507.69 every four weeks.
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. Please note completion will take place 5 weeks from the date of exchange.
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.
Loading the bidding panel...
Additional Documents
Office Contact
Important Documents
Agreement Documents
Related Documents
Legal Documents
Log in to view legal documentsShare
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.