2 bed Terraced (Freehold)

Listed by Holbrook and Co Estate Agents – Investment Opportunity: Well-Presented 2-Bedroom Home in Coronation with Tenant in Situ
Located in the peaceful hamlet of Coronation, just 2 miles from Bishop Auckland town centre, this well-presented two-bedroom mid-terrace property offers a fantastic investment opportunity in a semi-rural setting. Bishop Auckland provides a full range of amenities, schools, and excellent transport links, making the location both convenient and desirable.
The property is to be sold with a tenant in situ, currently paying £400 per calendar month, offering an immediate rental income for any prospective landlord.
Internally, the property offers spacious and well-maintained accommodation, comprising a welcoming entrance hallway, a comfortable lounge, a separate dining room, and a modern fitted kitchen with integrated appliances. To the first floor are two generously sized double bedrooms and a contemporary family bathroom.
Further benefits include gas central heating, UPVC double glazing throughout, and a low-maintenance rear yard with useful brick-built storage.
This is a great opportunity for investors looking to expand their portfolio with a property already generating rental income. Early viewing is recommended.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.