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3 bedroom terraced house for sale
45 Princes Street, Bishop Auckland, County Durham DL14 7BA
£56,000
45 Princes Street, Bishop Auckland, County Durham DL14 7BA
£56,000
Our Summary
- For sale on 24 April 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- A superb investment opportunity with guaranteed rental income for over 4 years
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 30
Description
A traditional 3-bedroom terraced house is up for auction on April 24, 2025, with a guide price and reserve price to be determined. The property is let to Mears Group, a large housing provider, on a 5-year lease from 2024 at £11,440 per annum. The property has been recently refurbished and features gas central heating, UPVC double glazing, and refitted kitchen and bathroom. It is situated in a popular location close to shops, schools, and the town center, making it a great investment opportunity with guaranteed rental income for over 4 years. The property will be sold under an unconditional sale type, and binding contracts of sale will be exchanged at the point of sale. A 5% deposit and non-refundable auctioneer's fees will apply, and additional fees may be listed in the Special Conditions of Sale.