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3 bedroom terraced house for sale
45 Princes Street, Bishop Auckland, County Durham DL14 7BA
£85,000
45 Princes Street, Bishop Auckland, County Durham DL14 7BA
£85,000
Our Summary
- For sale on 30 January 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)
Description
A traditional 3-bedroom terraced house in a popular location is being sold at auction. The property has been recently refurbished and features gas central heating, UPVC double glazing, and refitted kitchen and bathroom. It is currently let to a large housing provider, Mears Group, on a 5-year lease from 2024 at £11,440 per annum. The property is an excellent investment opportunity with guaranteed rental income for over 4 years. The auction will take place online with live auctioneers, and bidders can register up to 5pm the day before the auction. A 5% deposit and 4.8% buyer's fee will be required, and the property is being sold under an unconditional sale type.