Lot 56: 23 Gordon Terrace, Ferryhill, County Durham, DL17 8A...

Lot 56: 23 Gordon Terrace, Ferryhill, County Durham, DL17 8AU

Guide Price: £40,000 +

Freehold two floor three bedroom terraced house – Investment

Location

Ferryhill is located south of Durham City centre on the A167. The property is situated almost opposite the junction with Broomside. 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: Three bedrooms

Ground floor: Reception room, kitchen, bathroom/wc

Tenancy

Let on an assured shorthold tenancy for 6 months from 22/6/2018 (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 £5,385 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 – D

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