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6 bedroom house of multiple occupation for sale
34 Princes Street, Bishop Auckland, County Durham DL14 7BA
£91,000
34 Princes Street, Bishop Auckland, County Durham DL14 7BA
£91,000
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
- There is also an integral garage and store to rear which may offer scope to add further accommodation, subject to any required permissions
- Great investment opportunity offered with vacant possession
- 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: 24
- Great Yield Investment Opportunity
Description
A substantial HMO-style property is being sold through an online national property auction, with the auction set to commence on April 24, 2025. The property, located in a popular and convenient area, has undergone a makeover and features gas central heating, UPVC double glazing, and six letting rooms, as well as two bathrooms. The property also has an integral garage and store to the rear, which could potentially be converted into additional accommodation, subject to necessary permissions. The estimated rental income is around £22,000 per annum, and the property is well-placed for the town center, railway station, and hospital. The property is being sold with vacant possession and offers a great investment opportunity.