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Garden Street, Bishop Auckland DL14 2 bed terraced house for sale
Garden Street, Newfield, Bishop Auckland
£29,500
Garden Street, Newfield, Bishop Auckland
£29,500
Our Summary
- Moovd Online Property Auctions are delighted to offer to the market via Option A – Unconditional Online Auction, with a BUY IT NOW PRICE of £29,500 + Fees (£4,404 Inc VAT) this vacant two-bedroom mid terrace
- The property is sold with immediate vacant possession and does require cosmetic updating to allow it to be rentable
- 19m (14'7" x 7'2") - Bathroom - Externally - 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
- Offered For Sale via Option A - Unconditional Online Auction Terms
- £29,500 Plus Auction Fees (£6,204 Inc VAT)
Description
Moovd Online Property Auctions is offering a vacant two-bedroom mid-terrace property for sale via an unconditional online auction with a buy-it-now price of £29,500 plus fees. The property requires cosmetic updating to make it rentable and has the potential to achieve a rental income of £450 per month or £5,400 per annum, returning a yield of 18.31% on the advertised price. The property has a rear yard and front garden and is being sold with immediate vacant possession. The buyer will be required to pay a non-refundable administration fee of £3,000 plus VAT and a deposit payment of 10% of the purchase price. The property is being sold subject to a reserve price, which will be set within the guide range.