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Forster Avenue, Seaham SR7 3 bed terraced house for sale

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Forster Avenue, Seaham SR7 3 bed terraced house for sale

Forster Avenue, Murton, Seaham
£55,000

Our Summary

  • Moovd Online Property Auctions are pleased to offer For Sale via Option A – Unconditional Online Auction, this well presented, three-bedroom mid-terrace with a BUY IT NOW PRICE OF £55,000 + Fees (£4,404 Inc VAT)
  • 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

This three-bedroom mid-terrace property is being sold via an online unconditional auction with a buy-it-now price of £55,000 plus fees. The property is tenanted, generating £6,600 per annum, which is a 12% yield on the guide price. The property features a kitchen with fitted units, a lounge and dining room with Adam-style fireplaces, and three bedrooms on the first floor. The property also has an enclosed yard to the front and a large garden to the rear. Located on the outskirts of Murton, the property is close to local amenities and has good transport links. The property is being sold with a non-refundable administration fee of £3,000 and a 10% deposit payment required from the successful buyer. The guide price is £55,000, and the reserve price is set somewhere within this range.