Vendor: Housing Association

A spacious, 4 bedroom terraced house (988 sq ft) with gardens and parking. The house is in need of refurbishment. Development potential, vacant.

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Description/Location

The property is situated close to open farmland and woodland, within close proximity of the local facilities. Road links to Newcastle, Middlesborough, Durham and Sunderland with he stunning North East coastline nearby. The house requires refurbishment, we estimate the rental value will be £600+ pm on completion of the works.

Tenure

Freehold
Energy Rating: D
Council Tax: A

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Entrance hall, sitting room, kitchen and dining area. First Floor: Landing, 4 bedrooms, bathroom. Outside: Front garden and driveway, rear garden.

Rent

ERV: £7200+ pa

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.