1 bedroom terraced house for sale

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1 bedroom terraced house for sale

20 South View Terrace, Houghton le Spring DH4 5NP
£10,000

Our Summary

  • FOR SALE VIA NATIONAL ONLINE AUCTION
  • Open Viewing Dates - Tuesday 25th March - 11:30 - 12:00 Friday 4th April - 11:30 - 12:00 Auction House would like to present this mid terrace property located in Houghton Le Spring and offered to the market via online auction
  • This property is in need of renovations throughout but provides an excellent investment opportunity for any landlord or developer looking for an investment property in a good rental area
  • FANTASTIC INVESTMENT OPPORTUNITY
  • PLEASE REGISTER TO BID AND TO DOWNLOAD LEGAL PACK VIA THE AUCTION HOUSE WEBSITE

Description

A mid-terrace property in Houghton Le Spring, South Yorkshire, is being sold via online auction. The property, which requires renovation throughout, comprises a brief entrance hall, one bedroom, lounge, kitchen, and bathroom, as well as front and rear yard areas. Despite its need for renovation, the property presents an excellent investment opportunity for landlords or developers, with expected rents of £525 per month and an annual income of £6,300. Located in a good rental area, the property is close to local amenities, transport links, parks, and walking spots. The property is being sold as a freehold, with an EPC rating of F, and is open to viewing on specified dates. An administration fee of £3,600 inc VAT will be payable on exchange of contracts, and disbursements may also be payable by the purchaser on completion.
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