2 bedroom terraced house for sale

Auction Commencing on Monday 12th January at 1pm and ending 24 hours later on Tuesday 13th January at 1pm with Auction House North East

Please register to bid via our website - auctionhouse.co.uk/northeast

Turn-Key Buy-to-Let – Tenanted & Earning £600 PCM

Guide Price: £40,000 - £60,000
(Currently let at £600 PCM — Attractive Buy-to-Let Investment)

A beautifully presented two-bedroom mid-terrace home offering excellent investment potential, situated in the popular residential area of Grange Villa, close to local amenities and transport links.

This ready-to-go rental property is currently achieving £600 per calendar month, providing an immediate income stream for investors.

Property Features

Spacious Lounge – Modern décor with laminate flooring, feature fireplace, and understairs storage.
Contemporary Kitchen – Bright and airy with high-gloss cabinets, integrated oven & hob, tiled splashbacks, and generous worktop space.
Two Well-Proportioned Bedrooms – Freshly decorated with new carpets and plenty of natural light.
Modern Family Bathroom – Stylish suite including bath with overhead shower, vanity sink unit, and chrome towel radiator.
Outside – On-street parking and a low-maintenance rear yard area.

Investment Highlights

Currently let at £600 PCM — immediate rental income.
Turn-key condition — recently updated with modern kitchen and bathroom.
Strong local rental demand — ideal for long-term tenants or first-time buyers.
Convenient access to Chester-le-Street, Stanley, and major transport routes (A693 & A1(M)).

Auction Details
Property to be sold via online auction with a pre-auction offer considered.
For full legal pack and bidding registration, please contact the auctioneers.

Tenure: Freehold

EPC Rating: C

Administration Fee: £3600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.