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Park Road, Stanley DH9 2 bed flat for sale
Park Road, Southmoor, Stanley
£80,000
Park Road, Southmoor, Stanley
£80,000
Our Summary
- Guide Price £80,000+ Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 27th February 2025 this pair of one bedroom flats
- 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 pair of one-bedroom flats is being sold via an online unconditional auction on February 27, 2025, with a guide price of £80,000+. The flats are located in Southmoor, on the outskirts of Stanley, and are within easy access of Consett, Durham, and Newcastle. The ground floor flat is currently let at £425 PCM, while the first-floor flat is available and has previously been let at £450 PCM, yielding 13.13% on the guide price. The flats have a shared yard and are in a well-presented condition. With an attractive guide price and appealing monthly rental income, the property is expected to appeal to many investors. Viewings are strictly by appointment only, and an early viewing is recommended.