*ONLINE Unconditional Auction Opening 2 June 2025*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Description
Situation:
The property is situate on Langdon Gardens, Stanley, a popular and central residential area of this popular and well located town, near the centre with a wide range of facilities and amenities all within easy reach and supported by transport links. The North East coast is within easy reach, along with access to the surrounding towns and Cities, including Newcastle upon Tyne and Durham.
Description:
A wonderful opportunity to acquire this terrace house offered for sale with the benefit of an ongoing tenancy of £380 pcm (£4560 per annum), but there is an opportunity to add value to the property in a popular area of the town with strong rental demand. Ideal for investors and landlords. Current market rents in the area circa £550pcm (£6600).
At the time of preparing these details, no internal inspection was possible however accommodation believed to comprise:
Ground Floor
Entrance Hall
Lounge
Dining Kitchen
First Floor
Bedroom 1
Bedroom 2
Family Bathroom
Outside
Gardens to front and rear.
Material Information Tenure:
The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax:
The property falls within Durham County Council – BAND A
Possession:
Subject to existing tenancy agreement.
Viewing:
Strictly by appointment with Auction House.
Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
EPC Rating
E
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.
Administration Charge
Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 01427 616436 for more information
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