DESCRIPTION:
Leasehold – One Bedroom first floor flat. Currently renting AST. Producing £4,800 per annum 10.6% gross yield.
ACCOMMODATION:
One Bedroom, Reception, Kitchen, Bathroom. Enclosed rear garden and parking.
LOCATION:Prime location next to Darlington’s Bank Top station which is part of the £100 Million development. Darlington is a large market town in County Durham, Northern England. In 2011 the town had a population of 92,363; its borough’s population was 105,564. Darlington is the administrative town of the unitary authority of the Borough of Darlington. The authority is a constituent member of the Tees Valley Combined Authority, and therefore the borough is part of the Tees Valley sub-region of North East England.
TENURE:
Leasehold
UNCONDITIONAL LOT:
Buyer’s Premium Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 5% and buyer’s premium as per the legal pack 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 or 42 days following the auction (unless otherwise stated).
