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Total views:  2500+
Guide price
£65,000

2 bedroom terraced house for sale

Milbank Terrace, Wingate TS28
Auction
Terraced house
2 beds
1 bath
850
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand A
BroadbandUltra-fast 10000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • 2 bedroom home
  • Large garden
  • Investment opportunity
This well-presented two-bedroom property offers comfortable and practical living in a convenient location, making it an ideal investment opportunity.

Accommodation comprises a welcoming entrance hall, a spacious lounge, a separate dining room perfect for entertaining, a well-appointed kitchen, and a modern family bathroom. Upstairs features two generously sized bedrooms providing ample space for rest and relaxation.

Externally, the property benefits from a neat front garden and a private rear yard, complete with a garage and access to the back lane — ideal for off-street parking or additional storage.

The property is to be sold with a sitting tenant currently paying £400 per calendar month, with the potential to increase rental income to approximately £475pcm.

A fantastic opportunity for buy-to-let investors looking for a ready-made, income-generating asset. Early viewing is recommended.

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"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Rooms

Disclaimer
Your home is at risk if you do not keep up repayments on your mortgage or other loans secured on it. MORTGAGE ADVICE It is now a legal requirement under the Estate Agents Act 1991, to establish what mortgage, if any, is required and to confirm the applicants ability to obtain this finance. If you need any help or advice over obtaining a mortgage, our mortgage department will be pleased to help and advise you on all Building Society or Bank mortgages without obligation. This service is available even if you are not buying via ourselves. Written quotations available on request. There is no charge for this service. Please note that all sizes have been measured with an electronic measuring tape and are approximations only. Under the terms of the property miss-descriptions act we are obliged to point out that none of the services described in these particulars have been tested by ourselves. We present these details of the property in good faith and they were accurate (truncated)

Material Information
Construction Traditional Construction Water Meter No Electric Car Charger No Broadband Speed Obtained using this link Mobile Phone Signal Unaware of any issues

Property information from this agent

About this agent

Holbrook & Co - Seaham
Holbrook & Co - Seaham
48 Church Street Seaham, Tyne & Wear SR7 7HF
0191 563 0050
Full profileProperty listings
Holbrook & Co are dedicated north east estate agents focused on providing the highest quality service Welcome to Holbrook & Co Estate Agents, the premier real estate agency in the North East of England. With decades of experience in the real estate industry, we are committed to providing exceptional service and expertise to our clients.
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