3 bed terraced house for sale

Ascot Street, Easington Colliery, Peterlee SR8

Summary

Pattinson Estate Agents are delighted to offer for sale via auction this spacious three-bedroom mid-terrace property located in the popular coastal village of Easington Colliery.

The property is currently tenanted on a fixed two-year agreement at 550 per calendar month, providing an excellent opportunity for investors seeking an immediate income stream.

Internally, the accommodation briefly comprises an entrance vestibule leading to a bright and well-proportioned living room, a generous kitchen/dining room fitted with a range of modern units, and a useful utility space. To the first floor are three good-sized bedrooms and a family bathroom with a white three-piece suite. Externally, there is an enclosed rear yard providing low-maintenance outdoor space.

Finished in neutral dcor throughout, the property offers modern, ready-to-let accommodation and represents an ideal buy-to-let investment in a convenient residential location close to local amenities, schools, and transport links.

An excellent investment opportunity - early viewing is strongly recommended.

Council Tax Band: A
Tenure: Freehold

Entrance Vestibule

The front door opens into a small vestibule, providing a useful area for coats and shoes before leading into the main living accommodation.

Living Room (5.20m x 3.72m)

A bright and spacious main reception room, freshly decorated in neutral tones and featuring modern wood-effect lvt flooring. The large window to the front elevation allows plenty of natural light to fill the space, creating an inviting and versatile room perfect for relaxation or entertaining.

Kitchen / Diner (4.05m x 3.72m)

Positioned to the rear of the property, the kitchen is fitted with a range of modern white wall and base units with contrasting dark worktops and tiled splashbacks. There's ample room for a dining table and chairs, and a window overlooking the rear courtyard ensures a pleasant, light-filled cooking and dining space. A rear door provides convenient access to the outside. Lvt wood effect flooring.

Utility Space (1.5m x 1.2m)

Located opposite the stairs. A useful additional space with a side window, housing the gas combi boiler and offering potential for laundry appliances or extra storage.

Bedroom One (3.75m x 2.80m)

A generous double bedroom located to the front of the property. Finished in light, neutral dcor with contemporary lvt flooring and a large arched window which floods the room with natural light.

Bedroom Two (4.08m x 2.98m)

Another good-sized bedroom to the rear, continuing the modern grey and white theme with ample space for bedroom furniture and a feature arched window.

Bedroom Three (2.67m x 2.28m)

A cosy single bedroom, ideal as a child's room, study, or dressing room, again featuring the attractive arched window detail and clean, neutral dcor.

Bathroom (2.50m x 2.07m)

Modern white three-piece suite comprising a panelled bath, wash hand basin with storage unit, and low-level WC. The walls are finished in stylish marble-effect cladding for a fresh, low-maintenance look. Lvt flooring and extractor

Externally

To rear of the property there is a low-maintenance enclosed yard with brick boundary walls and gated access to the back lane. The space offers potential for outdoor seating, storage, or as a practical area for bins and bikes.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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.

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 equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.