Terraced house for sale in Hope Street, Crook, County Durham DL15

***excellent investment opportunity being sold via auction*** ***shop & flat with combined rental income of £875pcm*** ***reservation fee applies*** We are excited to present a thriving commercial property with a spacious two-bedroom flat above, located in the ever-popular area of Crook. This property represents an excellent investment opportunity, with both the shop and flat currently yielding a combined rental income of £875 per calendar month. The commercial space is well-maintained and ideally situated to attract a steady stream of customers, while the generously sized flat above offers comfortable living accommodations. With its prime location, reliable rental income, and the added convenience of a residential space, this property is a fantastic opportunity for savvy investors looking to expand their portfolio. Viewing a must!

Agents Note

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buye