Welcome to Seventh Street. This property is a two-bedroom, one-bathroom terraced house on Seventh Street in need of a full refurbishment. Keep reading to find out what makes this property unique!
Refurbishment Project:
With the right vision and execution, this property could provide a lucrative return on investment.
Investment Potential:
With its location and features, this property presents an appealing investment prospect bringing a rental yield of 10%. With refurbishment, you could turn this property into a long-term home for a tenant while bringing in a good rental yield.
Downstairs you are greeted by a galley kitchen with space for white goods. As you walk through the property, there is a dining area that leads to the living room.
Upstairs there are two bedrooms, one double bedroom, and one single bedroom. You also have one family bathroom, complete with a bath.
Externally you have on street parking to the front of the property and a rear yard.
This house is located near many local amenities such as schools, shops, takeaways, and other everyday necessities.
Early viewing is highly recommended.
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 buyer will pay £300.00 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.
Council Tax Band: A (Durham County Council) Tenure: Freehold