59 Moorcock Close

Ref: Lot 142

Loading the bidding panel...

Registration Guide

Finance available on this property

Contact agent


Town & Country Property Auctions North East
Town & Country Property Auctions North East

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

Sold With Long Term Sitting Tenant Paying £495 Per Month - A Superb Rental Investment Buy To Let (Over 8% Yield ROI)

Welcome to this bright, spacious, and well-presented 3-bedroom end-terraced property. The property boasts an updated RCD electrical consumer unit, ensuring safety and peace of mind. A gas central heating system provides efficient warmth throughout the home, while UPVC double glazed windows and multi-locking external doors enhance security and energy efficiency. There are also up to date certificates and checks which include landlords gas safety, electrical EICR and EPC.

As you step through the entrance hall, you will find a convenient downstairs guest WC, perfect for a family or accommodating visitors. The spacious living room offers ample space for relaxation and entertainment, with large windows allowing natural light to flood the room.

The well spaces and adequate kitchen features integrated hob, oven, and extractor hood. This well-designed space makes preparing meals a pleasure, with plenty of storage and workspace available.

Upstairs, you will discover three good-sized bedrooms, offering plenty of space for family members or guests. Each room neutrally decorated and allows for personalisation to suit your individual style.

The white suite bathroom is both functional and finished with cladding for low maintenance. Whether you prefer a relaxing bath or invigorating shower, this space caters to both needs.

Outside, the property benefits from front and rear gardens, providing the perfect setting for outdoor activities or simply enjoying the fresh air. A garage offers additional storage space or can be used to park a vehicle.

This property represents a fantastic opportunity for buyers seeking a well-maintained and spacious home.

An absolutely superb rental investment with properties in this location letting within a matter of weeks with an increased rental figure of £650 per calendar month. We offer a quality letting, find tenant & management service - all in house.

There is a 360 degree virtual tour walkthrough available to view above - viewings are available for serious buyers looking to make an offer, you can also buy this property without a physical viewing.

Council tax band A / This is a freehold property / EPC energy rating C

Buyers Premium

* PLUS 5% BUYERS PREMIUM OR MINIMUM OF £5000 + VAT

Tenure

Freehold

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Council Tax Band

A


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

Register for auction alerts

By subscribing here you agree to receive relevant emails, news and updates from Town & Country Property Auctions. You can unsubscribe at any time.

Selling

No fuss, fast & free*

Town and Country offer a free selling service to a growing number of people choosing to sell their property quickly and easily through auction.

*Contact individual regions for cost

Buying

How to bid

Our buying at auction guide will help you throughout the process providing you with guidance to confidently secure your purchase.