LIVESTREAM AUCTION commencing on Wednesday 08th April from 11am with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast
Two Bedroom Mid-Terrace House – Let at £500 PCM.
An excellent opportunity to acquire a well-presented two bedroom mid-terraced property situated within a popular residential area of Darlington. The property is currently let at £500 per calendar month, making it an attractive income-producing investment for landlords.
The accommodation is arranged over two floors and briefly comprises an entrance hall leading into a spacious living room with bay window, followed by a separate dining room providing additional reception space. To the rear is a galley-style kitchen with access through to a utility area and the rear yard/garden.
To the first floor there are two bedrooms, including a generous main bedroom, together with a family bathroom fitted with bath, wash basin and WC.
Externally, the property benefits from a small forecourt to the front and an enclosed rear garden, providing useful outdoor space.
The property extends to approximately 77 sq m (829 sq ft) and is conveniently located for local shops, schools and transport links, with Darlington town centre easily accessible.
This property will appeal to buy-to-let investors seeking an immediate rental income with potential for future growth.
Accommodation
Ground Floor
•{tab}Hallway
•{tab}Living Room – 3.8m x 5.4m
•{tab}Dining Room – 3.8m x 3.9m
•{tab}Kitchen – 1.4m x 4.3m
•{tab}Utility – 1.4m x 0.9m
First Floor
•{tab}Landing
•{tab}Bedroom 1 – 3.8m x 3.9m
•{tab}Bedroom 2 – 1.8m x 4.9m
•{tab}Bathroom – 1.9m x 2.6m
Tenancy
The property is currently let at £500 per calendar month (£6,000 per annum).
Tenure
Freehold (assumed – buyers should verify).
Auctioneers Note
Buyers are advised to inspect the legal pack for full tenancy details.
Tenure: Freehold
EPC Rating: D
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.