2 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- We are excited to present this VACANT, recently refurbished 2 bedroom mid terraced property located in the popular location of Bishop Auckland. * PRICED TO SELL *
- * 2, Lydia Terrace, Newfield, Bishop Auckland, County Durham, DL14 8 BJ Sold for £145,000 in May 2023, 6, Stonebank Terrace, Newfield, Bishop Auckland, County Durham, DL14 8 DF Sold for £100,000 in
- Property was previously tenanted at £500 per month generating an annual gross income of £6,000 per annum, or a gross yield of 12% if achieved at the Guide Price. * SURE TO APPEAL TO A SHREWD INVE
- The property is in walk in condition and located close to local amenities such as gyms, local parks like Millennium Green, and cafe's.
- Property benefits from recent refurbishment including a new boiler, kitchen and bathroom, potentially future proofing likelihood of repairs. Sure to appeal to a shrewd investor looking for a turn key
- We are excited to present this VACANT, recently refurbished 2 bedroom mid-terraced property located in the popular location of Bishop Auckland. * PRICED TO SELL *
- * 2, Lydia Terrace, Newfield, Bishop Auckland, County Durham, DL14 8BJ Sold for £145,000 in May 2023, 6, Stonebank Terrace, Newfield, Bishop Auckland, County Durham, DL14 8DF Sold for £100,000 in January 2024 *
- Property was previously tenanted at £500 per month generating an annual gross income of £6,000 per annum, or a gross yield of 12% if achieved at the Guide Price. * SURE TO APPEAL TO A SHREWD INVESTOR *
- The property is in walk-in condition and located close to local amenities such as gyms, local parks like Millennium Green, and cafe's.
- Property benefits from recent refurbishment including a new boiler, kitchen and bathroom, potentially future proofing likelihood of repairs. Sure to appeal to a shrewd investor looking for a turn-key investment opportunity.
We are excited to present this VACANT, recently refurbished 2 bedroom mid-terraced property located in the popular location of Bishop Auckland. * PRICED TO SELL *
Property comprises: Entrance hallway, three piece bathroom, two generously sized bedrooms, well equipped kitchen and spacious living room.
Property was previously tenanted at £500 per month generating an annual gross income of £6,000 per annum, or a gross yield of 12% if achieved at the Guide Price. * SURE TO APPEAL TO A SHREWD INVESTOR *
* 2, Lydia Terrace, Newfield, Bishop Auckland, County Durham, DL14 8BJ Sold for £145,000 in May 2023, 6, Stonebank Terrace, Newfield, Bishop Auckland, County Durham, DL14 8DF Sold for £100,000 in January 2024 *
Property benefits from recent refurbishment including a new boiler, kitchen and bathroom, potentially future proofing likelihood of repairs. Sure to appeal to a shrewd investor looking for a turn-key investment opportunity.
The property is in walk-in condition and located close to local amenities such as gyms, local parks like Millennium Green, and cafe's.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
The property is offered at a fantastic price to ensure an auction sale.
The property will feature in our upcoming times 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:
Bishop Auckland, a historic market town in County Durham, England, is known for its rich heritage, scenic landscapes, and vibrant community. Once the favoured residence of the Bishops of Durham, Bishop Auckland is steeped in history, with Auckland Castle, a beautifully restored palace and former bishop's residence, standing as a focal point. The castle grounds, Deer Park, and the Spanish Gallery, featuring works by Spanish artists, add a unique cultural depth to the town.
Bishop Auckland boasts a lively town centre with a range of shops, cafes, and essential services, creating a welcoming atmosphere for residents and visitors alike. The town also hosts Kynren, an award-winning open-air live show that narrates 2,000 years of British history, attracting audiences from across the country and bringing energy to the local community.
With excellent road links to Durham, Darlington, and Newcastle, Bishop Auckland is well-connected, providing convenient access to employment, education, and leisure options throughout the North East. The surrounding countryside and the North Pennines Area of Outstanding Natural Beauty offer outdoor enthusiasts opportunities for hiking, cycling, and picturesque countryside views. Combining historic charm, cultural attractions, and a strong community, Bishop Auckland is a unique place to call home in the heart of County Durham.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 212742088. 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 May 14, 2022
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 May 14, 2022
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: obtained on August 31, 2024 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.