Terraced House
A three bedroom, mid-terrace property in Easington, Peterlee. Currently let producing £5,400 per annum.
A three bedroom property situated in the popular, residential area of Easington, just over three miles north of Peterlee. All necessary amenities and services can be found nearby including shops, schools and transport links.
The popular coastal town of Seaham is just five miles north of the property where you will find beautiful beaches and coastal attractions. The property is currently let to good, long term tenants who are paying £5,400 per annum but we do believe that a higher rental income is achievable.
Cavity wall, as built, no insulation (assumed).
Gas central heating
TBC
Mains
TBC
Standard - 13 mbps, Superfast - 45 mbps, Ultrafast - 9000 mbps available.
O2, EE, Three, Vodafone available.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Please be advised that the room measurements are currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
These sales details are awaiting vendor approval.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £3,600 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
