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Dene Terrace, Durham DH6 2 bed end of terrace house for sale
Dene Terrace, Shotton Colliery, Durham
£45,000
Dene Terrace, Shotton Colliery, Durham
£45,000
Our Summary
- Guide Price £45,000 + Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 27th February 2025 this two bedroom end terrace
- Sold with vacant possession, having been previously let out at £450 PCM, however in todays market has the potential to achieve around the £500 - £550 PCM, returning a yield of over 13
- Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process
- Option A - Online Unconditional Auction: The above property is offered for sale by Online Unconditional Auction (Traditional auction)
- They are not necessarily figures which a property will sell for and may change at any time during the timed Auction
- Reserve Price: The property is offered subject to a Reserve Price (a figure below which we Moovd the Auctioneer cannot sell the property during the timed Online Auction)
- All buyers will be asked to produce two forms of identification documentation, either as part of the Bidder Registration process or if they make an acceptable Pre-Auction offer, we would ask for your assistance in order for there to be no delay in agreeing the sale
Description
This two-bedroom end-terrace property is being sold via online unconditional auction on February 27th, 2025, with a guide price of £45,000. The property has been previously let out at £450 PCM, but with its potential to achieve £500-£550 PCM, it offers a yield of over 13.33% on the guide price. The property has a lounge, dining room, kitchen, two bedrooms, and a bathroom, with a loft room and rear yard. It is located in Shotton Colliery, a small village near Durham City, with access to local amenities and the A19 corridor. The property is ideal for a buy-to-let investor, and an internal viewing is recommended.