Doxford Terrace, Houghton Le Spring DH5 3 bed terraced house for sale

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Doxford Terrace, Houghton Le Spring DH5 3 bed terraced house for sale

Doxford Terrace, Hetton-Le-Hole, Houghton Le Spring
£60,000

Our Summary

  • ‘BUY IT NOW PRICE’ OF £60,000 + AUCTION FEES OF £4,320 INC VAT TOTAL = £64,320
  • 00 INCLUDING AUCTION FEES
  • FOR SALE via OPTION A – UNCONDITIONAL AUCTION TERMS
  • Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process
  • Option A - Online Unconditional Auction: The above property is offered for sale by Online Unconditional Auction (Traditional auction)
  • They are not necessarily figures which a property will sell for and may change at any time during the timed Auction
  • Reserve Price: The property is offered subject to a Reserve Price (a figure below which we Moovd the Auctioneer cannot sell the property during the timed Online Auction)
  • All buyers will be asked to produce two forms of identification documentation, either as part of the Bidder Registration process or if they make an acceptable Pre-Auction offer, we would ask for your assistance in order for there to be no delay in agreeing the sale

Description

This is a three-bedroom mid-terrace property in Houghton Le Spring, currently tenanted with a sitting tenant paying £525 per month on a long-term AST, yielding 10.5% on the advertised guide price. The property features a large lounge/diner, fitted kitchen, downstairs bathroom, and three excellent-sized bedrooms. The property has a quiet street location, close to local amenities, and is being sold via Option A - Unconditional Auction Terms, with a "buy it now" price of £60,000 plus auction fees of £4,320, including VAT, totaling £64,320. The property is being sold with the benefit of a sitting tenant, making it an attractive investment opportunity. An internal viewing is considered essential to appreciate the property's potential.
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