£45,000

2 bed terraced house for sale

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Auction

Guide price

£45,000

2 bed terraced house for sale

Westmorland Rise, Peterlee SR8

2 beds
1 reception
EPC rating: C

Key Information

Tenure:
Council tax band:
A

Local area information

Property location

Nearby amenities

  • Acre Rigg Academy 0.3 miles
  • Acre Rigg Infant School 0.3 miles
  • Horden 2 miles
  • Seaham 4.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Two bedrooms
  • Terraced property
  • 9% yield
  • Tenanted investment
  • Enclosed garden
Summary

We welcome for sale by auction this fantastic, realistically priced, tenanted investment opportunity situated on Westmorland Rise in Peterlee, County Durham.
The property is rented to a long-term tenant of 5 years, bringing about a 9% yield and briefly comprises of: Entrance hallway, lounge/ dining room, kitchen, two double bedrooms and family bathroom.
Externally, the property offers a fence enclosed grassed garden to the rear and a communal playing field to the front aspect.
For any further information or to book your internal viewing please call Pattinson on .

Council Tax Band: A
Tenure: Freehold

Hallway

Through UPVC door to the rear aspect, tiled effect flooring and staircase to the first floor.

Lounge (5.9m x 3.6m)

With a double glazed window and double glazed French doors leading to the front aspect, carpeted flooring, radiator, TV point, electric fire with wooden surround and coving to the ceiling.

Kitchen (2.8m x 2.6m)

Fitted with a range of wall and base units, with roll top work surfaces, sink and drainer unit, plumbing for a washing machine, electric cooker point, tiled flooring, part tiled walls, Combi boiler and a double glazed window to the rear.

First Floor Landing

With carpeted flooring.

Bedroom One (3.8m x 3.1m)

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

Bedroom Two (3.5m x 2.5m)

With a double glazed window to the front aspect, carpeted flooring, radiator and TV point.

Family Bathroom

With a three piece suite comprising of: Low level WC, panelled bath with shower over and a pedestal wash hand basin. With part tiled walls, single panelled radiator and a double glazed window to the rear aspect.

External

The property offers a fence enclosed garden to the rear aspect and a communal playing field to the front. There is also off road parking in the cul-de-sac.

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.

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

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More information

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Listed by

Pattinson - The Hub SR8

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Property descriptions and related information displayed on this page are marketing materials provided by - Pattinson - The Hub SR8. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson - The Hub SR8 for full details and further information.

  1. Zoopla
  2. For sale
  3. County Durham
  4. Peterlee
  5. Westmorland Rise

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