3 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions NEW ENTRY. Fantastic 3 bedroom terraced property located in a sought after location in Durham *Guide Price £75,000*
- *11, Whingrove Close, Wingate, County Durham TS28 5 LL Previously sold for £175,500. 89, Chillerton Way, Wingate, County Durham TS28 5 DY Previously sold for £148,000. 27, Ingram Way, Wingate, Coun
- The property currently generates £500 PCM, (£6,000 P/A) in rental income. This would produce an amazing yield of 9% based on our £75,000 Guide price. Will increase to £600 PCM in January 2025.
- The property is walk in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. Additionally, it boasts a lovely garden with a newly bu
- Perfect opportunity for astute buy to let investors seeking a rental generating property. Easily rentable apartment with substantial potential for capital growth.*TURN KEY INVESTMENT OPPORTUNITY*
- Prime Property Auctions NEW ENTRY. Fantastic 3-bedroom terraced property located in a sought-after location in Durham - *Guide Price £75,000*
- *11, Whingrove Close, Wingate, County Durham TS28 5LL Previously sold for £175,500. 89, Chillerton Way, Wingate, County Durham TS28 5DY Previously sold for £148,000. 27, Ingram Way, Wingate, County Durham TS28 5PW Previously sold for £162,000*
- The property currently generates £500 PCM, (£6,000 P/A) in rental income. This would produce an amazing yield of 9% based on our £75,000 Guide price. Will increase to £600 PCM in January 2025.
- The property is walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. Additionally, it boasts a lovely garden with a newly built Bar /Social space.
- Perfect opportunity for astute buy-to-let investors seeking a rental-generating property. Easily rentable apartment with substantial potential for capital growth.*TURN KEY INVESTMENT OPPORTUNITY*
Prime Property Auctions NEW ENTRY. Fantastic 3-bedroom terraced property located in a sought-after location in Durham - *Guide Price £80,000* Property comprises: Entrance hallway, living room, kitchen, Dining room 3 large bedrooms and bathroom.
The property is walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. Additionally, it boasts a lovely garden with a newly built Bar /Social space.
The property currently generates £500 PCM, (£6,000 P/A) in rental income. This would produce an amazing yield of 9% based on our £75,000 Guide price. Will increase to £600 PCM in January 2025.
Local sales evidence:
*11, Whingrove Close, Wingate, County Durham TS28 5LL Previously sold for £175,500. 89, Chillerton Way, Wingate, County Durham TS28 5DY Previously sold for £148,000. 27, Ingram Way, Wingate, County Durham TS28 5PW Previously sold for £162,000*
Sure to appeal to investors looking for an easy lettable flat in a sought-after location with great potential for Capital Growth. The local areas have seen some great sales recently showing that there is strong demand.
The property is located just a short 25-minute drive from Newcastle City Centre and is near a whole host of local amenities including many popular coffee shops, bars and restaurants.
HIGH YIELDING INVESTMENT OPPORTUNITY.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Durham, located in Northeast England, is a historic city known for its stunning Durham Cathedral and Durham Castle, both UNESCO World Heritage Sites. Its picturesque setting along the River Wear, combined with its medieval architecture and cobbled streets, offers a unique and tranquil living environment. The presence of Durham University, one of the UK's top institutions, attracts a vibrant student population and supports a strong rental market, making the city appealing to property investors. Additionally, Durham offers a high quality of life with its blend of urban conveniences and rural tranquillity, affordable housing, and a strong sense of community, making it an attractive place to live and invest.
Places of interest
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*DISCLAIMER
Property reference 208882375. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on November 24, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on November 24, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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