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Pine Street, South Moor, Stanley, DH9 2 bed terraced house for sale
Pine Street, Stanley
£40,000
Pine Street, Stanley
£40,000
Our Summary
- Guide Price £40,000+Moovd are delighted to offer this two-bedroom mid terrace in the village of Southmoor, on the outskirts of Stanley, offered For Sale via Option A – Unconditional Online Auction on 13th March 2025
- 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 mid-terrace property in Southmoor, near Stanley, is being sold via an online unconditional auction with a guide price of £40,000. The property has a sitting tenant in situ, paying £90 per week, which returns a yield of 11.7% on the guide price. The property features a large lounge, kitchen, two bedrooms, and a family bathroom, with an enclosed rear yard. The property is well-presented and located within easy access of Consett, Durham, and Newcastle, with countryside walks, good schools, shops, restaurants, and more nearby. Viewings are strictly by appointment only, and the property is being sold with a reserve price. The buyer will be required to pay a non-refundable administration fee and a deposit payment of 10% of the purchase price.