26 Allendale Crescent, Penshaw, Houghton-Le-Spring, DH4 7NN
£55,000
Guide Price
Property Features
- *** PROPERTY SOLD PRE-AUCTION ***
- Offered for sale by PROPERTY SOLVERS ONLINE CONDITIONAL AUCTION (56-DAY COMPLETION)
- Sizeable family home (978 sq ft / 91 sq metres)
- Excellent investment property, competitively priced for a quick sale
- Sold with great tenants in situ who look after the property well (paying £500 pcm = 10.9% gross yield based on guide price)
- Front garden with off-street parking
- South-facing living and dining rooms
- Fully-fitted kitchen and separate utility area (totalling 183 sq ft)
- 3 good-sized bedrooms (60, 96 and 141 sq ft respectively)
- South-facing lawned back garden
- Close to Ofsted-rated 'Good' schooling + a wide range of amenities
- Socially-distanced viewings available 7 days a week
Property Summary
*** PROPERTY SOLD PRE-AUCTION ***This property is to be offered for sale by PROPERTY SOLVERS ONLINE CONDITIONAL AUCTION (56-DAY COMPLETION).
Overview
Located in the heart of the friendly neighbourhood of Penshaw, this large semi-detached tenanted property benefits from 2 reception rooms, a fully-fitted kitchen / separate utility area, 3 good-sized bedrooms, 3-piece suite bathroom, front garden with off-road parking and a south-facing back garden.
Sold with good tenants who wish to remain in the property, the current owner receives £500 per calendar month (producing a very healthy 10.9% gross yield, based on the guide price).
Description
Enter this property into a spacious reception area and straight ahead is the 152 square foot living room with fireplace and plenty of south-facing incoming light.
Straight ahead, past the staircase, is the fully-fitted 99 square foot kitchen (also accessible via a sliding door in the living room) as well as the 94 square foot dining room with French doors that lead to a wooden platform/staircase into the south-facing garden. There is also an adjoining 84 square foot utility room (accessed via the kitchen).
Upstairs are 3 good-sized bedrooms (60, 96 and 141 sq foot respectively) and a 3-piece suite bathroom - divided by a spacious landing area. Both bedrooms 2 and 3 are south-facing and have built-in wardrobe space.
Property Particulars
Living Room = 12.10ft x 12.60ft (3.90m x 3.80m)
Dining Room = 10.20ft x 9.20ft (3.10m x 2.80m)
Kitchen = 10.30ft x 9.60ft (3.12m x 2.90m)
Utility Room = 17.90ft x 4.70ft (5.40m x 1.40m)
Bedroom 1 = 8.40ft x 7.11ft (2.53m x 2.40m)
Bedroom 2 = 12.60ft x 11.20ft (3.80m x 3.40m)
Bedroom 3 = 10.60ft x 9.10ft (3.20m x 3.00m)
Bathroom = 5.48ft x 8.20ft (1.67m x 2.50m)
Gross Internal Floor Area (approx.) = 978 sq ft (90.85 sq m)
Local Area
The property is within short walking distance from a wide range of amenities including convenience stores, a farm shop, a pharmacy, Barnwell and Herrington Country Parks plus a number of well-reviewed takeaways, restaurants and pubs. Washington and Sunderland are also a reasonably short drive away.
The property is close to the Ofsted-rated 'Good' New Penshaw Academy and Shiney Row Primary School.
More Information
Our enquiry line is open 24/7 and we're happy to answer any questions.
Auction terms + conditions, AML requirements, preliminary legal pack and fees are available on our website [Google: Property Solvers > Property Auctions (in navigation) > Auction Property for Sale (drop-down)].
Viewings
Viewings available 7 days a week (excluding Christmas and Boxing day).
All viewers must observe our COVID-19 Viewing Policy (available on the listing).
Notice to Bidders
Please be aware that if your bid is successful on auction day, a reservation fee is immediately payable.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements, please see the live property listing or contact Property Solvers directly.
Buyer Reservation Fee
2% + VAT (non-refundable) will be due from the winning bidder.
