Guide price
£49,000
3 bed terraced house for saleVyner Street, Close House, Bishop Auckland DL14
3 beds
1 bath
1 reception
EPC Rating: D
- Auction
Pattinson - Durham
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About this property
Tenanted Investment
Spacious Layout With 2/3 Bedrooms
Large Rear Courtyard
10.9% Yield
Brilliant Tenant Paying 500PCM
Summary
This well-presented 3-bedroom terraced house is situated in the popular area of Close House, Bishop Auckland. With a generous yield, this home is ideal for investors looking to add to their portfolio.
The home benefits from a tranquil residential location, while still being within easy reach of Bishop Auckland town center, schools, local amenities, and transport links.
Upon entering, you are welcomed by a spacious living room, offering a cozy and inviting atmosphere, perfect for relaxation. The large windows allow plenty of natural light to fill the room, creating a bright and airy ambiance.
The contemporary kitchen is fully equipped with modern appliances, providing ample storage and worktop space. The dining area, conveniently located next to the kitchen, is perfect for entertaining.
Upstairs, you will find three generously sized bedrooms, each offering plenty of space for storage and personal touches. The master bedroom provides a peaceful retreat, while the additional bedrooms are perfect for children, guests, or a home office.
The added loft room provides versatile space that could serve as an extra bedroom, a home office, or even a playroom, depending on your needs.
Outside, the property boasts a lovely rear yard, ideal for outdoor dining.
With a long term sitting tenant, this property offers an ideal investment opportunity.
Council Tax Band: A
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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