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Collingwood Street, Coundon, Bishop... 3 bed terraced house for sale
Collingwood Street, Coundon, Bishop Auckland, DL14
£55,000
Our Summary
- For Sale by Online Auction31st March 10 am - bidding commences 24 Hours prioragentspropertyauction
- comOption 1 OPTION ONE – On the fall of the electronic gavel the buyer pays a 10% deposit to The Agents Property Auction Limited subject to a minimum of £3,000
- Where sales are agreed prior or post auction and The Agents Property Auction Limited are in possession of a legal pack, exchange occurs on the buyer signing the Auction Contract, payment of the deposit and The Agents Property Auction Limited completing their customer due diligence
Description
This mid-terraced house in Coundon, a short drive from Bishop Auckland and Spennymoor, is being sold through online auction with a 10% deposit required upon the fall of the electronic gavel, subject to a minimum of £3,000. The property has undergone a full refurbishment and has been rented out to a tenant paying £550 per month, generating a gross return on investment of nearly 9%. The property features double glazing, a new heating system, re-wired electrics, and impressive room dimensions. The accommodation includes an entrance hallway, open-plan living room/dining room, kitchen with breakfast area, three bedrooms, and a family bathroom. With its modern finish and village location, the property is expected to appeal to a wide range of buyers. The asking price is expected to generate an over 10% gross return on investment.