Auction Date Commencing on Monday 22nd September at 1pm and ending 24 hours later on Tuesday 23rd September at 1pm with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeastSpacious Two-Bed Terrace with £750pcm Rental Potential – Ideal Buy-to-Let or First HomeA deceptively spacious two-bedroom mid-terrace property offering excellent potential as a first home, family residence, or buy-to-let investment.
The accommodation is arranged over two floors and briefly comprises:
Ground Floor: Entrance hall, generously sized dual-aspect lounge/dining room, fitted kitchen with breakfast bar, and a modern ground-floor bathroom with contemporary suite.
First Floor: Two well-proportioned double bedrooms, including a large main bedroom and a second bedroom with storage.
Externally, the property enjoys on-street parking to the front.
Situated in a popular residential area within walking distance of local shops, schools, and amenities. Hetton-le-Hole also offers good transport links to Sunderland, Durham, and the wider North East region, making it attractive for both homeowners and landlords alike.
Rental Potential: The property is estimated to achieve £750 per calendar month, making it an attractive proposition for buy-to-let investors seeking a healthy return.
Accommodation (approximate):
-Living Room: 4.6m x 3.8m
-Dining Room: 4.2m x 4.1m
-Kitchen: 2.4m x 3.7m
-Bathroom: 2.4m x 1.6m
-Main Bedroom: 4.6m x 3.8m
-Bedroom Two: 3.7m x 4.0m
Total Floor Area: 90m² (97 sq. ft.)
EPC Rating: D
Council Tax Band: A
This is an excellent opportunity to acquire a spacious terraced home with scope for updating to individual taste. With strong rental demand in the area and an achievable rent of £750pcm, the property is ideally suited to investors looking for a ready-to-let home, as well as owner-occupiers seeking space and convenience.Tenure: FreeholdEPC Rating: DAdministration Fee: £3600 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Houghton le Spring, County Durham DH5 9HP - Streetview
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