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2 bedroom terraced house for sale

Oaklea Terrace, Bishop Auckland, County Durham, DL14
Auction
Terraced house
2 beds
1 bath
882 sq ft / 82 sq m
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand A
BroadbandUltra-fast 9000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • Ideal for investment
  • Being sold via auction
  • Tenant in situ
  • Reservation fee applies
  • Popular street
  • Epx rating d

*EXCELLENT INVESTMENT OPPORTUNITY BEING SOLD WITH A TENANT IN SITU* *PROPERTY TO BE SOLD VIA AUCTION* *TENANT PAYING £500pcm* *RESERVATION FEE APPLIES* Situated in the heart of Bishop Auckland, this two-bedroom mid-terrace property is being sold via auction and comes with a tenant in situ, making it an ideal investment opportunity. With its central location, the property offers easy access to local amenities, ensuring its ongoing appeal to renters. The convenience of an existing tenancy eliminates the need for immediate tenant sourcing, allowing for a seamless transition for investors looking to add a ready-made income-generating asset to their portfolio. This property represents a hassle-free investment in a sought-after area with strong rental demand along with a floorplan that briefly comprises Entrance into Reception Hall, good size Lounge, separate Dining Room and well fitted Kitchen whilst to the first floor there are 2 generous Bedrooms plus well appointed Bathroom. Externally to the rear there is a wall enclosed yard. Viewing advised. 



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 4.50% 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.

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 4.50% 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.
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About this agent

Dowen - Bishop Auckland
Dowen - Bishop Auckland
125 Newgate Street Bishop Auckland DL14 7EN
01388 236011
Full profileProperty listings
We are about great customer focused service delivered by a team of people who are passionate about what they doDowen Estate Agents was founded in 1982 by Managing Director Denis Dowen He is still involved in the day to day running of the business Over the years the firm has continued to evolve and now has 8 branches along with 3 bespoke Auction Stores offering coverage of mid North East England from the coast to the A1 corridor Dowen is a full service estate agency offering a wide range of property related services The residential sales department has sold tens of thousands of properties over the years in all price ranges Dowen was a founding member of The Great North Property Auction which has exceeded 2000 sales since inception in 2012 The lettings department has hundreds of homes under management Private surveys and EPC's are provided to both corporate and private clients via a very busy professional survey department Conveyancing at competitive rates is offered via a panel of local solicitors Mortgages can be arranged via our panel of independent mortgage brokers We subscribe to the National Associations of Estate Agents, the Royal Institute of Chartered Surveyors and the Ombudsman For Estate Agents and as such abide by the strict code of good estate agency practice laid down by these organisations
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