Sold STC

Chandos Street, Darlington, DL3

Guide Price £39,999

2 Bedrooms
1 Bathroom
1 Reception
Current Tenant Paying £325 PCM
Excellent Buy to Let Potential
For Sale by Modern Auction – T & C’s apply
Subject to Reserve Price
Buyers fees apply
The Modern Method of Auction

Description

FOR SALE BY MODERN METHOD OF AUCTION | Currently Tenanted at £325 PCM | Online Bidding Available | Priced to Sell | Fixed Timescales for Exchange and Completion | Buy with Finance | BID ON ME | View, Bid & Buy | Popular Denes Location | Viewing Highly Recommended

AUCTION ENDS 27/08/21 @ 1PM | FOR SALE BY MODERN METHOD OF AUCTION | Currently Tenanted at £325 PCM | Online Bidding Available | Priced to Sell | Fixed Timescales for Exchange and Completion | Buy with Finance | BID ON ME | View, Bid & Buy | Popular Denes Location | Viewing Highly Recommended

Located in the popular Denes area of Darlington, we bring to market an excellent opportunity to purchase a tenanted investment property, currently receiving £325 PCM. The locale of the property serves excellent access to local amenities and is near to a main bus route. Internally accommodation comprises; Entrance Lobby, Living Room, Bathroom, Kitchen and Two Bedrooms.

Living Room 13′ 5″ x 12′ 12″ (4.08m x 3.96m)

Window to front, radiator, fitted carpet flooring, door to hallway.

Bathroom

Bath with shower over, low level WC, basin, vinyl flooring.

Kitchen 7′ 8″ x 12′ 12″ (2.34m x 3.96m)

Window to rear, door to rear yard.

Bedroom One 8′ 5″ x 12′ 12″ (2.57m x 3.96m)

Window to front, radiator.

Bedroom Two 10′ 1″ x 10′ 4″ (3.08m x 3.15m)

Window to rear, radiator.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Auctioneer's Comments Continued

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

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