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Guide price
£69,000

3 bedroom terraced house for sale

Cedar Crescent, Murton, Seaham, Durham, SR7 9JJ
Auction
Terraced house
3 beds
1 bath
764 sq ft / 71 sq m
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand A
BroadbandSuper-fast 226Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • Investment Opportunity
  • Rent Income £575pcm
  • Rental Yield 9.20%
  • Minimum 3 Year Rental Lease
  • 3 Bed Mid Terrace
ATTENTION INVESTORS .. TENANTED INVESMENT

Sold via online auction. Fees apply.

Sold with a sitting tenant paying £575pcm (9.20% yield), with a minimum 3 year lease, managed locally (no managment fee).. All certificates in place.

A deceptively spacious three bedroom mid terrace house, situated on Cedar Crescent in Murton within close proximity to shops, schools and a bus route on the doorstep.

The internal layout comprising; Entrance hall, kitchen with utility area, family bathroom and three well portioned bedrooms to the first floor. Externally the property offering a enclosed garden to the front and court yard to the rear with on street parking.

The property benefits from gas central heating and double glazing throughout.


Council Tax Band: A
Tenure: Freehold

Rooms

External Front
Enclosed front garden to the front.

Entrance Hall
Property entrance hall, which gives access to the lounge and first floor staircase.

Lounge 4.69m x 3.94m (15ft 4in x 12ft 11in)
Spacious lounge benefiting from laminate flooring, radiator and a double glazed front aspect window. The lounge also gives open flow access to the kitchen

Kitchen 4.21m x 3.94m (13ft 9in x 12ft 11in)
Fitted kitchen benefiting from a range of upper and lower units with contrasting worksurfaces, stainless steel sink unit, plumbing for a washing machine and electric oven. flooring, tile splash back, double glazed rear aspect window and an external door leading to the rear yard.

Family Bathroom
Three piece bathroom benefiting from a panelled bath, hand wash basin and low level w/c. flooring, ceramic tiled walls, radiator and a double glazed rear aspect window.

1ST FLOOR:

Bedroom One 3.77m x 3.04m (12ft 4in x 9ft 11in)
Double bedroom with carpet flooring, storage cupboard, radiator and a double glazed front aspect window.

Bedroom Two 3.44m x 1.90m (11ft 3in x 6ft 2in)
Double bedroom with carpet flooring, radiator and a double glazed rear aspect window.

Bedroom Three 2.52m x 2.38m (8ft 3in x 7ft 9in)
Third bedroom with carpet flooring, radiator and a double glazed rear aspect window.

External Rear
Low maintenance court yard to the rear.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

About this agent

Pattinson - Peterlee
Pattinson - Peterlee
2 Yoden Way Peterlee SR8 1BP
0191 686 0136
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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