Floorplan
Map3 bedroom block of apartments for sale
Key information
Features and description
Video tours
Auction Commencing on Wednesday 04th February from 11am by Livestream Auction with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast
Freehold Building Comprising Two Self-Contained Flats
Open House Viewings (no need to book)
Freehold | Two Self-Contained Flats | Investment Opportunity
A substantial mid-terrace property arranged as two self-contained flats, offered for sale freehold and available by auction. The property represents an excellent investment opportunity, with scope for rental income, refurbishment, or resale, subject to the buyer’s requirements.
The accommodation is split over two floors and provides generous internal space extending to approximately 121 sq m (1,302 sq ft) in total, excluding walls.
Ground Floor Flat (38 Annfield Terrace)
The ground floor flat offers well-proportioned accommodation, briefly comprising:
Entrance foyer and hallway
Spacious bedroom
Separate dining room
Fitted kitchen
Bathroom
Rear yard with brick-built outbuilding / storage
The flat benefits from traditional room proportions and has clear potential for modernisation to enhance rental or resale value.
First Floor Flat (38A Annfield Terrace)
Accessed via a separate entrance, the first floor flat comprises:
Open-plan living room and kitchen
Two bedrooms
Bathroom
This flat also offers good room sizes and natural light, with further potential for cosmetic upgrading.
Additional Information
Tenure: Freehold
Total Floor Area: Approx. 121 sq m
Configuration: Two self-contained flats
Outside: Enclosed rear yard with outbuilding
Services: Mains services (not tested)
Investment Potential
The property is ideally suited to buy-to-let investors, offering the opportunity to generate income from two separate units under a single freehold title. There is also potential for refurbishment and uplift in value, subject to the necessary consents.
Location
Situated on Annfield Terrace in Stanley, the property is conveniently located for local amenities, transport links, and access to surrounding towns and villages within County Durham.
Auction Information
The property is offered for sale by auction.
Interested parties are advised to review the legal pack prior to bidding.
Tenure: Freehold
EPC Rating: 38 - D and 38A - D
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.
About this agent
