Auction House London

Lot 173

Terraced - Houses 

23 Tees Street

Horden, Peterlee, County Durham, SR8 4NF

£19,000+

Guide Price (plus fees)

A Vacant Two Bedroom Mid Terrace House. ERV of £5,200 per annum (Source: LHA Rates)

Description

The property comprises a two bedroom mid terrace house arranged over ground and first floors. The property requires a full program of refurbishment.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities and half a mile from the beach and coastline. The open spaces of Castle Eden Dene National Nature Reserve is within easy reach.

Accommodation

Ground Floor
Reception Room
Kitchen
Bathroom with WC and wash basin

First Floor
Two Bedrooms

Exterior

The property benefits from a rear yard

Tenancy

The LHA rates for a 2 bedroom property in this postcode is £100 per week. Thus potential income of £5,200 per annum (source: https://lha-direct.voa.gov.uk).

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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There are no internal viewings For all enquiries, please contact Puja Rawal at puja@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 23 Tees Street, Horden, Peterlee, County Durham, SR8 4NF

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