A Two Bedroom Mid Terrace House Subject to an Periodic Tenancy Producing £5,400 Per Annum (Increasing to £7,200 Per Annum)

The property comprises a two bedroom mid terrace house arranged over ground and first floors.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Easington Colliery Local Nature Reserve are within easy reach. Transport links are provided by Seaham rail station and the A19.

Accommodation

Ground Floor Reception Room Kitchen First Floor Two Bedrooms Bathroom

Exterior

The property benefits from a rear garden.

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 6 months commencing 11th October 2021 at a rent of £450 per calendar month (Holding Over). The vendor has proposed a new rent of £600 per calendar month via Form 4 of the Housing Act 1988.

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.