10 Kimberley Street, Coundon Grange, Bishop Auckland, County Durham DL14 8UA
- PROPERTY TYPE
Bungalow
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Auction Commencing on Monday 17th August from 1pm and ending 24 hours later on Tuesday 18th August from 11am with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast
Ready-made freehold investment producing £475 PCM, let to a reliable long-term tenant with an excellent payment history.
An excellent opportunity to acquire a well-presented one-bedroom freehold bungalow, offered with an established and reliable tenant in situ, currently generating £475 per calendar month (£5,100 per annum). The tenant has a proven payment history with rent paid on time and fully up to date, making this an attractive, ready-made investment for buy-to-let purchasers.
The property has been refurbished to a modern standard and briefly comprises an entrance hall, spacious living room, fitted kitchen, generous double bedroom and contemporary shower room. Externally, there is a low-maintenance rear yard.
Situated in the popular village of Coundon Grange, the property benefits from excellent access to nearby Bishop Auckland, local amenities, shops, schools and transport links.
This is a straightforward investment opportunity with immediate rental income and no void period, ideally suited to investors looking to expand their portfolio with a low-maintenance, income-producing asset.
Please note: The internal photographs provided are of No. 8 Kimberley Street, however No. 10 has been renovated to the same standard.
Tenure: Freehold
EPC Rating: C
Administration 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.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
10 Kimberley Street, Coundon Grange, Bishop Auckland, County Durham DL14 8UA
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Visit our security centre to find out moreDisclaimer - Property reference 202607261752sq_0lm8. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 Auction House, North East. 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.
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 Auction House, North East on 0191 917 9650.
*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.”
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