Terraced house for sale in Grasswell Terrace, Houghton Le Spring DH4

Summary

To Be Sold Via Online Auction. Fees apply

We welcome for sale by auction this fantastic two bedroom terraced property situated on Grasswell Terrace in Houghton-Le-Spring.
The property is being sold with vacant possession and would make a fantastic investment opportunity with a potential rental return of: 600pcm and over a 9% yield.
Briefly comprising of: Lounge, kitchen, two bedrooms and a family bathroom.
Externally the property offers an enclosed yard to the rear aspect and on street parking. To arrange your internal viewing, call our local branch on:

Council Tax Band: A
Tenure: Freehold

Lounge (3.9m x 4.4m)

With a double glazed window to the front aspect, carpeted flooring, radiator and staircase leading to the first floor.

Kitchen (4.5m x 2.0m)

The kitchen is fitted with a range of wall and base units, with roll top work surfaces and sink and drainer unit. With electric cooker point, plumbing for a washing machine and Combi boiler. Laminate flooring and open access to the conservatory.

Conservatory

With double glazed windows and a double glazed UPVC door leading to the yard. With laminate flooring and open access from the kitchen.

Bathroom

Family bathroom is fitted with a three piece suite comprising of: Low level WC, panelled bath and a wash hand basin. With a double glazed window to the rear aspect and radiator.

First Floor Landing

Carpeted flooring.

Bedroom One

With a double glazed window to the front aspect, radiator, built in storage cupboard and carpeted flooring.

Bedroom Two

With a double glazed window to the rear aspect, carpeted flooring.

External

With on- street parking to the front aspect and an enclosed rear yard.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

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.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.