>
South Street, Spennymoor DL16 2 bed terraced house for sale
South Street, Spennymoor DL16
£42,500
South Street, Spennymoor DL16
£42,500
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 £42,500 + Fees (£4,404 Inc VAT) this well presented, two-bedroom mid terrace, in the centre of Spennymoor which will undoubtedly prove popular amongst a range of potential buyers
- 57m (15'11" x 8'5") - Bathroom Wc - 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
Description
Moovd Online Property Auctions is offering a two-bedroom mid-terrace property in the center of Spennymoor for a buy-it-now price of £42,500 plus fees. The property has a sitting tenant paying £460 per month, returning a yield of 12.98% on the advertised price. The property is within a minute's walk of local amenities, including shops, restaurants, and a leisure center. The property has a modern layout, with a lounge, dining room, and fitted kitchen on the ground floor, and two bedrooms and a family bathroom on the first floor. The property also has an enclosed rear yard. The property is an excellent buy-to-let investment opportunity, with a potential annual return of £5,520. Viewings are strictly by appointment only.