Durham Road, Blackhill, Consett, DH8
£150,000
Guide price
Guide price
Bedrooms: 6
Available for sale by Public Online Auction 30th September 2024
Four properties in one! Attention all buy to let investors. This property gives a unique opportunity to purchase three apartments and a cottage as one lot with the potential to generate a rental income of approx £19,767.48 per annum when fully let.
The lot on offer comprises:
Flat A is currently let at £442.94 pcm
Flat B is currently let at £414.35 pcm
Flat C is currently let at £340 pcm
The Coach House situated to the rear of the property currently let at £450 pcm.
To fully appreciate what is on offer, an internal viewing is highly recommended.
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (Total £2400) Auction Administration Fee. OPTION 1.
Four properties in one! Attention all buy to let investors. This property gives a unique opportunity to purchase three apartments and a cottage as one lot with the potential to generate a rental income of approx £19,767.48 per annum when fully let.
The lot on offer comprises:
Flat A is currently let at £442.94 pcm
Flat B is currently let at £414.35 pcm
Flat C is currently let at £340 pcm
The Coach House situated to the rear of the property currently let at £450 pcm.
To fully appreciate what is on offer, an internal viewing is highly recommended.
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (Total £2400) Auction Administration Fee. OPTION 1.
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