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4 bedroom end of terrace house for sale
The Hallgarth, Durham
£475,000
The Hallgarth, Durham
£475,000
Our Summary
- Guide £475,000+ATTENTION INVESTORSMoovd are delighted to offer For Sale via Option A - Unconditional Online Auction on 9th January 2025, this well presented, modern four bedroom property in Durham City Centre with a full HMO ready to be Let and a potential income of up to £40,000 yearly
- With an HMO and planning granted for the lounge to become bedroom 4, this exciting property will undoubtedly prove popular
- The living room is spacious and has planning permission granted for the removal of the chimney to use the room as a bedroom
- 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 been 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) the reserve price will be set somewhere within the Guide Range or no more than 10% above a single figure Guide Price
- All buyers will be asked to produce two forms of identification documentation, either as part of the Bidder Registration process of if they make an acceptable pre-auction offer, we would ask for your assistance in order that there will be no delay in agreeing the sale
Description
This modern four-bedroom property in Durham City Centre is being sold via an online unconditional auction on January 9th, 2025, with a guide price of £475,000. The property has been fully renovated and is ready to be let as a HMO, with the potential to generate up to £40,000 per year in rental income. The property is situated in a highly populated student area, within minutes of Durham University, the Cathedral, and the city's shops, bars, and restaurants. The property features a spacious living room, a modern kitchen-diner, and four bedrooms, including a large master bedroom with an en-suite bathroom. The property also has a fully paved rear garden, which is a rare feature in this city centre location. The property is being sold with a non-refundable administration fee of £3,000 and a 10% deposit payment required from the successful buyer. Viewings are strictly by appointment and highly advised.