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Available
£37,000Investment Opportunity – Two-Bedroom Terrace in Fishburn | Tenant In Situ
This two bedroom mid terrace property, located in the heart of the ever-popular village of Fishburn. This is an excellent opportunity for landlords and investors, as the property is being sold with a tenant in situ, currently paying £400 per calendar month under an Assured Shorthold Tenancy, offering immediate rental income from day one.
The property offers a comfortable living arrangement, comprising a welcoming lounge area that leads through to a fitted kitchen, while upstairs, there are two bedrooms and a family bathroom. Externally, the property benefits from rear yard to the rear and garden to the front.
Fishburn is a well-connected village with local shops, schools, and amenities all within easy reach, as well as excellent transport links to surrounding towns and cities, making this a popular highly convenient location.
This property would make a valuable addition to any rental portfolio, offering a strong yield and low-maintenance investment. Early interest is anticipated—contact Dowen Sedgefield today to arrange a viewing or for more information.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
4.445m x 3.9878m - 14'7" x 13'1"
4.318m x 2.7432m - 14'2" x 9'0"
4.1656m x 3.4798m - 13'8" x 11'5"
2.7178m x 2.413m - 8'11" x 7'11"
1.8288m x 1.7272m - 6'0" x 5'8"
41 Front Street,
Sedgefield
TS21 3AT