27, Brook Street, Coundon Grange, Bishop Auckland

Attention investors!

This mid-terraced house is available to investors as it comes with tenants in situ currently paying £550 per calendar month, which would represent a gross return on investment of 12% based on the full asking price.

The accommodation comprises of an open plan living room/dining room with stairs rising to the first floor, a galley style kitche with a selection of units for storage and space for free standing appliances and at the veery back of the house is the bathroom which consists of a coloured suite with toilet sink and bath. On the first floor there are three bedrooms - the master having fitted wardrobes. Externally the house has an enclosed yard.

Brook Street is located in Coundon Grange, which is a short distance for Bishop Auckland town Centre. There are a few local shops close by.

MATERIAL INFORMATION:

In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance

PART A

Local Authority – Durham County Council

Council Tax Band – A

Tenure – Freehold

PART B

Property Type – mid terrace

Property Construction – Standard

Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls

Electricity supply – Mains

Water Supply - Mains un metered

Sewerage – Mains

Heating - gas fired boiler with radiators

Estimated Mobile phone coverage – Please refer to the Ofcom Website - https://checker.ofcom.org.uk/en-gb/mobile-coverage

Estimated Broadband Download speeds – please refer to the Ofcom Website – https://checker.ofcom.org.uk/en-gb/broadband-coverage

Parking: on street

PART C

Building Safety – The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm

Restrictions - none

Rights & Easements- The land was formerly copyhold of the Manor of Bondgate in Auckland. This registration takes effect subject to the reservation of any rights of the lord referred to in the 12th Schedule of the Law of Property Act 1922.

Article 4 Planning Restricted area – the property is subject to Article 4 Direction

Flood risk – very low

Coastal Erosion - NA

Protected Trees – no

Conservation area – no

Planning Permission – no

Accessibility – The property has not been altered for accessibility

Mining Area – yes

Selective License Area – yes

No other Material Information disclosures have been made by the vendor. This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.

Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.

HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted. This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property. There is a £35 (inc VAT) administration fee per individual purchaser, for these checks