Guide price
£69,000
2 bed terraced house for saleEast Street, Stanley DH9
2 beds
1 bath
1 reception
EPC Rating: C
- Auction
Pattinson - Stanley
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About this property
For Sale via Auction - ideal investment opportunity
Currently Tenanted - generating 550 pcm rental income
Two-bedroom mid-terrace with bay-fronted living room
Low-maintenance front courtyard and enclosed rear yard
Summary
Pattinson Estate Agents Stanley are delighted to welcome to the market, via Auction, this well-presented two-bedroom mid-terrace home, currently tenanted at 550 pcm, making it an ideal investment opportunity.
The property comprises a welcoming entrance hallway, a spacious bay-fronted living room with feature fireplace, and a modern fitted kitchen/diner with integrated oven, hob, and rear yard access. To the first floor are two well-proportioned bedrooms, the main benefiting from built-in storage, along with a family bathroom with bath and overhead shower.
Externally, there is a low-maintenance front courtyard and an enclosed rear yard with gated access.
With its strong rental income and convenient location close to local amenities and transport links, this property represents a superb opportunity for investors and is offered for sale via Auction.
Council Tax Band: A
Tenure: Freehold
Entrance Hallway
A part-glazed UPVC door opens into a welcoming entrance hallway, featuring a central heating radiator and carpeted flooring. Stairs rise to the first floor.
Living Room (4.79m x 4.60m)
A large double-glazed bay window floods the room with natural light, complementing the feature fireplace with inset electric fire. The space is finished with a central heating radiator and laminate flooring.
Kitchen / Diner (4.60m x 1.81m)
Fitted with a range of wall and base units complemented by contrasting work surfaces and tiled splashbacks. This kitchen includes an integrated electric oven, four-ring hob, and extractor. There is plumbing for a washing machine, space for a fridge freezer, and a combi boiler. An inset stainless steel sink is positioned beneath one of two rear-aspect double-glazed windows, ensuring plenty of natural light. A UPVC door opens to the rear yard, and the room is finished with practical vinyl flooring.
Bedroom 1 (4.40m x 3.64m)
A well-proportioned main bedroom featuring a large front-aspect double-glazed window, allowing for plenty of natural light. The room benefits from a built-in storage cupboard, central heating radiator, and carpeted flooring.
Bedroom 2 (2.67m x 2.43m)
A spacious second bedroom with a rear-aspect double-glazed window, central heating radiator, and carpeted flooring. Loft access is also available from this room.
Family Bathroom (1.86m x 1.36m)
Comprising a WC, pedestal wash basin, and a bath with an over-bath electric shower, this bathroom is finished with tiled walls and practical vinyl flooring. A central heating radiator and rear-aspect UPVC double-glazed window complete the space.
Externally
To the front:
A compact low maintenance courtyard garden with a gate and path leading to the front door.
To the rear:
A low maintenance rear yard with gated access to the rear lane.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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