3 bedroom terraced house for sale
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Features and description
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Auction Commencing on Monday 16th March at 1pm and ending 24 hours later on Tuesday 17th March from 1pm with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeast
A Full Refurbishment Opportunity with Strong Resale & Rental Potential.
Property Secure Shut. No internal Viewings.
A three-bedroom mid-terrace property offering an excellent refurbishment opportunity between the popular villages of Edmondsley and hamlet of Blcachhouse, County Durham, 10 minutes to the college of Durham, 20 to the university and 15 to the beautiful historic city of Durham.
This is a full renovation project ideal for investors, builders or developers looking to add value. The property is currently boarded, therefore no viewings are possible.
Internally, the accommodation has the potential to be modernised to create an attractive family home or rental property. Externally, the property includes a good size rear garden space backing onto open fields. Investors can expect a rental return of around £8400 per year and for re-sale with adjacent property and those in nearby rows of houses of a similar nature achieving high prices such as the one in the drone photo in the advert sold subject to contract at an asking price of £200,000, highlighting the potential returns available when refurbished.
The location is picturesque, being surrounded by farmland and countryside pursuits, Beamish museum, a short drive from the city of Newcastle Upon Tyne and mainline rail at nearby Chester-Le-Street.
Accommodation :
Hallway
Bathroom
Lounge - 3.91 x 5.21
Kitchen/Dining Room - 3.47 x 5.61
First Floor Landing
Bedroom 1 - 3.26 x 4.17
Bedroom 2 - 3.42 x 3.01
Bedroom 3 - 2.37 x 3.28
Store room / potential Wc/washroom
Substantial rear garden overlooking open fields and hillside.
Open views front and rear.
Tenure: See Legal Pack
Administration Fee: £1200 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.
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