8 Gregory Terrace, Ferryhill, DL17 8AA

£ 55,000

Freehold two floor two-bedroom terraced house – Investment

For sale by Auction – Terms & Conditions Apply, Enquire for more details.
Considering offers prior to auction.

Location
Ferryhill is located south of Durham City centre on the A167. The property is situated off Broom Road. Transport links are provided by the A1 (M) which links Durham to the North and Darlington to the South. Shopping and recreation amenities can be found locally. The open spaces of Ferryhill Carrs and Thrislington Nature Reserves are within close proximity.
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Accommodation
First floor: Two bedrooms
Ground floor: Reception room, kitchen, bathroom/wc
Outside: Rear yard

Tenancy
Let on an assured shorthold tenancy for 6 months from 2/3/2018 (holding over) at a rent of £350 per month.
Total rent reserved £4,200 per annum

Note: We are advised that local housing benefit rent is approximately £4,550 per annum. Therefore there is an opportunity to increase the rent. Prospective purchasers must rely on their own enquiries in this regard.

Tenure
Freehold

EPC Rating – E
Council Tax Band – A

Buyer’s Premium
Applies under the fall of the hammer. The purchaser shall pay 10% deposit, plus, in addition a buyer’s premium of 2% of the sale price, minimum of £3,000 + VAT upon exchange of contracts.

Please feel free to contact our sales and enquires team on 01636 558200 or email us at sales@nalcgroup.co.uk

When registering to bid with us we will require 2 forms of ID (Passport, Driving License) to fit in line with the Anti Money Laundering Act.

Basic Facts

Date added: 10/11/22 Post Updated: 2022-12-20 13:05:54 Type: Status:
Bedrooms: 2

Amenities

AST (rolling over) currently achieving £4200 P.A
Freehold Investment Property
GCH
Rear Garden
Small Front Garden

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