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2 bed property, in Grampian Drive, £60,000
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2 bed terraced house

Grampian Drive, Peterlee, County Durham, SR8
Auction
£60,000

Our Summary

  • For Sale By Modern Method Auction
  • This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")

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Description

The property is a charming terraced house with 2 bedrooms, located in a sought-after area with easy access to amenities and transport links. It boasts spacious living and offers an attractive 11.50% Gross Rental Yield, making it ideal for investors. The buyer will have to Complete within 56 days of auction, with ownership transferring upon the signing of the Reservation Agreement and payment of a non-refundable Reservation Fee of 4.5% of the purchase price, subject to a minimum of £6,600 including VAT.