For Sale By Auction | 19:00, 16 February 2016 | Lot 19

West Springs, West Road, Crook, County Durham, DL15 9PY

Sold £322,000

  • Block of Apartments
  • Tenure: See Legal Pack

Call the team on 0191 908 9691 for more information

Auction Date

Tue 16/02/2016

Auction Time

19:00

Auction Venue

Ramside Hall Hotel, Carrville, Durham, DH1 1TD

Viewing Times:

Fri 12 Feb

12:00-12:30

Excellent residential investment opportunity

Block of nine flats with the freehold included. Flats are fully occupied currently producing £35,516 per annum with a gross yield of 14.2%. Block comprises of 2 two bedroom flats, 5 one bedroom flats, 1 one bedroom flat and two bedsits. There is a communal laundry room, office, external store rooms, eight parking spaces plus gardens to the front and rear. West Springs is located in Crook, a market Town in County Durham with access to a wide range of shops and amenities, local schools and transport links to the City or Durham and Bishop Auckland.

Tenure

See Legal Pack

Viewing

To view please call 0191 9089691

Energy Efficiency Rating (EPC)

Current Rating C, B, B, C, C, C, C, C, C

Services

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

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1200 inc VAT

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