**Guide Price £37,000 * PLUS 5% BUYERS PREMIUM OR MINIMUM OF £5000 + VAT
For sale by unconditional online auction on the 23rd of September 2024.
Registration is now open, bidding opens on 23rd of September at 10:00 and ends on 26th of September at 18:00.**
FOR SALE BY AUCTION - INVESTMENT BTL OPPORTUNITY - RENTAL YEILD OF 12.2%
Description
FOR SALE BY AUCTION - INVESTMENT BTL OPPORTUNITY
Seize the opportunity to own this impressive investment property in Bishop Auckland, County Durham, with a rental yield of 12.2%! This charming 2 Bedroom Mid Terrace Property is being offered for sale through an Unconditional Online Auction and comes with a sitting tenant paying £375pcm.
As you step inside, you are greeted by an entrance hall with a UPVC door, radiator, and wood flooring. The property features a lounge with a gas fire and wooden flooring, a kitchen/diner with Oak fitted units and access to the rear yard, two bedrooms with carpeted flooring, and a family bathroom with modern amenities.
Outside, you will find a concreted rear yard with gated access to the back lane, adding convenience to your daily living.
Council Tax Band - A
Don't miss out on this fantastic investment opportunity! Secure your chance to own this income-generating property through auction and watch your portfolio grow.
Disclaimer:
Material information will be provided within the legal pack- to download this register your interest at tcpa.co.uk.
Please Note T&C has not inspected this property.
Tenure
Freehold
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.