Lot 58
Block of Apartments - Flats / Apartments
7 & 7A Princes Street
Bishop Auckland, County Durham, DL14 7BB
Sold for £45,000
A Mid Terrace Building Arranged as a Ground Floor One Bedroom Flat and a First Floor Four Bedroom Flat. ERV of £11,188.84 per annum if Let at the Local Housing Authority Rate.
Description
The property comprises a mid terrace building arranged as two self contained flats (1 x one bedroom flat and 1 x four bedroom flat).
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Leeholme and Coundon Recreation Centre are also within close proximity. Transport links are provided by Bishop Auckland rail station.
Exterior
The property benefits from a shared rear yard
Tenancy
The LHA rates for a one bedroom property in this postcode is £74.79 per week and £140.38 per week for a four bedrrom property. Thus potential income of £11,188.84 per annum (source: https://lha-direct.voa.gov.uk).
Note
The property has not been internally inspected. All information has been supplied by the vendor.
Accomodation Schedule
| Property | Floor | Accommodation |
|---|---|---|
| 7 | Ground | Reception Room, Kitchen, Bedroom, Bathroom with WC and wash basin |
| 7A | First | Reception Room, Kitchen, Four Bedrooms, Bathroom with WC and wash basin |
Additional Fees
Administration charge: £1,200 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.
View Details as PDFEnquire Now
Due to government guidelines, we will not be hosting Open House Viewings
For further information, please register for the legal pack.
For all enquiries, please contact Jordan Phillips on jordan@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
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