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1 Tollgate Terrace, Stanley DH9 8EG 2 bed end of terrace house for sale
1 Tollgate Terrace, Stanley DH9 8EG
£15,000
1 Tollgate Terrace, Stanley DH9 8EG
£15,000
Our Summary
- End terrace house location in Stanley, Durham via online auction
- FOR SALE VIA NATIONAL ONLINE AUCTION
- Open Viewing Date - Auction House would like to present this two bedroom terrace house location in Stanley, Durham and offered to the market via online auction
- This property is in need of renovations but provides an excellent opportunity for any landlord looking for a rental property in a sought after rental area with rents expected in the £625 region, an annual income of £7500
- For sale via national online auction
- IDEAL INVESTMENT OPPORTUNITY
- Ideal investment opportunity
- PLEASE REGISTER TO BID AND TO DOWNLOAD LEGAL PACK VIA THE AUCTION HOUSE WEBSITE
- Please register to bid and to download legal pack via the auction house website
Description
This two-bedroom end-terrace house in Stanley, Durham, is being sold via online auction and is in need of renovation. The property features an entrance hallway, lounge, dining room, kitchen, two double bedrooms, a bathroom, and a yard to the rear. Despite its condition, it offers a great opportunity for a landlord to rent it out in a sought-after area, with expected rents of £625 per month and an annual income of £7,500. The property is conveniently located near local amenities, transport links, schools, and parks. The sale is being conducted on a freehold basis, with an EPC rating of F. The administration fee is £3,600 inc VAT, payable on exchange of contracts, and there may be additional disbursements listed in the legal pack that will become payable by the purchaser on completion.