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3 bedroom terraced house for sale

Queen Street, Grange Villa, DH2

Guide Price* £29,950

Property Description

Key features

  • Sold By Modern Method Of Auction
  • Fees Apply
  • EPC Rating E
  • 3 Bedroom Mid Terrace
  • Front Garden Rear Yard
  • In Need Of Modernisation
  • Reflected In Starting Price
  • Potential For Utility/Sun Room At Rear
  • Expected Yield At 10%+ Per Annum
  • Viewing Recommended At This Price

Full description

Offered through the Modern Method of Auction is this 3 Bedroom Mid Terrace House in Grange Villa, which is offered at a realistic price in view of the need for modernisation and upgrading...


A 3 bedroom mid terrace house with front garden and rear yard and with the opportunity for upgrading. With Lounge, Kitchen, potential for the creation of another room for Utility Room or Rear Sun Porch (subject to usual consents being given where necessary), Landing, 3 Bedrooms and a Family Bathroom. The property is in need of renovation, hence the low starting price. EPC Rating E a copy will be available upon request.


Queen Street forms part of the established housing within Grange Villa. The village has a number of local shops and there is a golf course on the north edge which can be used by the public and paths running through the forests surrounding the village. There are also a Childrens Park and Football Pitch located towards the top of Queen Street.

Our View

Fantastic opportunity for a first time buyer, those requiring a project or an investor looking for a buy to let which is likely to obtain a yield of well in excess of 10% per annum, subject to cost of works.

Fees Apply

This property is being sold by the Modern Method of Auction where the buyer pays the fees. A fee of £5000 plus Vat is payable on this property, total £6000.

Auction Terms

This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyers solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means the interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5000.00 plus Vat (Total £6000.00), which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation Form and all terms and conditions can be found in the legal pack which can be downloaded for free from the auction section of our website or requested from our Auction via The Great North Property Auction. Please note that the property is subject to an undisclosed Reserve Price. Both the Starting Price and Reserve Price can be subject to change.. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd
TO MAKE A BID see or contact Kath Young on 0845 5193 126.

Entrance Lobby 3' 4" x 2' 11" (1m x .9m )

Lounge 16' 9" x 15' 9" (5.1m x 4.8m )

Kitchen 12' 9" x 7' 3" (3.9m x 2.2m )

Potential Utility Area 11' 6" x 4' 7" (3.5m x 1.4m )

First Floor Landing

Bedroom 1 13' 6" x 9' 10" (at widest) (4.1m x 3m (at widest) )

Bedroom 2 12' 9" x 7' 3" (3.9m x 2.2m )

Bedroom 3 13' 6" x 5' 11" L Shape 5' 7" x 3' 4" (4.1m x 1.8m L Shape 1.7m x 1m )

Family Bathroom / WC 8' 6" x 5' 3" (2.6m x 1.6m )

Rear Yard

Front Garden

Green Area To Rear

Plenty On Street Parking Front And Rear


We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


More information from this agent

Listing History

Added on Rightmove:
08 August 2016


Map & Street View

Disclaimer - Property reference 528466453. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by YOUR MOVE Chris Stonock, Chester Le Street. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call YOUR MOVE Chris Stonock, Chester Le Street on 0191 3882129.

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