Lot 5 - 27 and 27a Bowman Street, Darlington, County Durham, DL3 0HE
- Unconditional Online Auction Sale
- Guide Price* : £45,000
Addendum
The combined annual annual rent reserved is £9,300.
- End Terrace Investment Property
- Combined Annual Income of £9,300
- Two x 2 Bedroom Flats
ON BEHALF OF LPA RECEIVERS: Two storey end terrace property which has been arranged as two self contained two bedroom flats current let on rolling tenancy agreements producing a combined annual income of £9,300
Description
*VIEWINGS AND VIDEO TOUR AVAILABLE UPON REQUEST* The property comprises a two storey end terrace property which has been converted to provide a two bedroom flat to the ground floor which is currently let on a rolling tenancy at a rent of £360pcm. The first floor is understood to also comprise a two bedroom flat let on a rolling tenancy at a rent of £415pcm.
Location
The property is located in Darlington and can be accessed from North Road (A167) via Thompson Street West. A range of local amenities are available nearby and North Road railway station is within 1 mile of the property.
Tenure
The property is held Freehold.
Accommodation
Ground Floor (No27): Hall, Lounge, Kitchen, Two Bedrooms and Bathroom
First Floor (No27A): Landwood have been unable to inspect the property although understand it comprises a similar layout to the ground floor flat.
Tenancies
The ground floor flat (No 27) is let on a rolling tenancy at a rent of £360pcm and the first floor flat (No 27A) is let at £415pcm. The total combined annual equivalent income is £9,300
EPC
The Energy Performance Asset Rating for 27 is D and for 27A is 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 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.
Viewing Information
Please see below for scheduled viewing dates. It is important that you book on to let us know you will be in attendance. Any changes to timings or cancellations will be communicated via email. If no dates are shown, or you wish to request an alternative date, please complete the web enquiry form, or give us a call.
Additional Documents
Office Contact
Important Documents
Agreement Documents
Related Documents
Legal Documents
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