Lot 3 - South Row, Eldon, Bishop Auckland, County Durham, DL14 8UT
- Unconditional Online Auction Sale
- Guide Price* : £5,000
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 1
2 bed end of terrace - Eldon, Bishop Auckland
Description
GUIDE PRICE : £5,000
Property Information :
Property Regen is excited to bring to market this fully refurbished 2 bedroom end of terrace property in Eldon; a small settlement consisting of the village of Eldon and the small hamlet of Old Eldon which lies in the Dene Valley close to the towns of Shildon and Bishop Auckland in County Durham.
Eldon had an industrial past mainly linked to mining, but over the years there has been extensive reclamation and re-planting. making it into an area which is peaceful and surrounded by countryside, with pleasant walks and pasture land alongside the benefits of access for shopping and other key services to major towns nearby.
With an estimated rental income of £500 PCM. This property has been renovated to a high standard and is currently occupied. Simiar properties in the area are selling for between £65,000 – £75,000 representing a high yield opportunity for investors or for longer term investment.
Key Property Features :
✅ 2 Bedrooms
✅ 1 Bathroom
✅ Modern Kitchen
✅ Spacious Living Area
✅ On street parking
✅ Private, landscaped rear garden
How to Buy Information :
✅ Register or view and bid on this property at our AUCTION SITE, or to make a pre-auction bid to secure this property send us a message and we will call you back.
Auction Administration Charge & Important Note for Prospective Bidders
✅ We draw your attention to the Auction Administration Charge which is a non-refundable £3,200 inc VAT payable on the fall of the virtual gavel.
✅ We strongly advise that prospective buyers review the legal pack, including the General and Special Conditions of Sale which references other charges which may be payable in addition to the price at the fall of the virtual gavel.
About Us :
Property Regen specialise is transforming empty and derelict properties into homes for families. Where other agents may struggle to sell properties, our partnership with estate agents, conveyancers, investors coupled with our marketing across all major property platforms and social media means we can get you the result you are looking for.
We are always looking for properties that we can regenerate. If you have, or know of, any properties then get in touch.
Council Tax Band
A
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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