3 Bedroom House - Mid Terrace
Collingwood Street, Coundon DL14 8LH
£55,000
30 June 2025
GUIDE PRICE
AUCTION DATE
- House
- 3 Bedroom(s)
- 1 Bathroom(s)
Attention property investors Over 10% Gross Return on investment at the full asking price!!!!!! This mid terraced house underwent a full programme of refurbishment a couple of years ago, and has been rented out to a tenant insitu paying £550 per calendar month which would generate a gross return on investment of just under 9%. It is well presented and has an impressive modern finish to it which should appeal to a wide variety of purchasers. It has double glazing throughout, a recently installed heating system, it has under gone a full re wire, impressive room dimensions and is well located in the village. Briefly the accommodation comprises of entrance hallway, open plan living room / dining room, spacious kitchen with space for breakfast table providing access to the rear yard. To the first floor there are three bedrooms and a well presented and again, well sized family bathroom in white with contrasting dark tiling. Coundon is a short drive from Bishop Auckland and Spennymoor meaning that a wide range of amenities and facilities are close at hand. It is also well placed close to the A689 which links to the A1 (M) motorway network. The property is within a Selective License Area. Property details provided by JW Wood EPC rating: D Council Band: A Tenure : Freehold
Collingwood St, Coundon, DL14
Guide Price
£55,000
Auction Date
30 Jun 2025
Time
10:00
Venue
Online
Auctioneer
Agents Property Auction
Agents Property Auction
14a Front Street, Prudhoe, Northumberland, NE42 5HN
01661 831 360
About Agents Property Auction
Working alongside his wife Alison they both have over 25 years’ experience in successful property auctions, they have seen first-hand, the benefits of auction to thousands of buyers and sellers. Traditionally auction has been regarded as a means of buying and selling cheap, run down properties and repossessions which is still the case, but the real growth over the last few years has been in the popularity of selling residential family homes. All properties, irrespective of location or price are suitable for APA auction. Both sellers and buyers benefit from this quick, safe and more secure method of sale.