2 bed Terraced (Unregistered)

Located in the popular residential area of Primrose Hill, Newfield, Bishop Auckland, this house presents an exceptional opportunity for investors seeking a property with great potential for modernisation and long-term capital growth. The village of Newfield is highly desirable, boasting strong rental demand, excellent commuter links, and easy access to the picturesque open countryside, all while being just a stone's throw from the amenities, schools, and retail parks of Bishop Auckland.
Spanning approximately 783 square feet, the property also includes a detached garage, adding an extra 134 square feet of secure off-street parking or storage space. The ground floor features a spacious lounge, complete with a striking stone fireplace and a multi-fuel stove, which offers delightful rural views through a large front window. The adjoining kitchen/diner is fitted with modern units, an integrated oven and hob, and tiled flooring, providing ample room for dining and entertaining. A convenient rear porch leads to the back yard and garden area, enhancing the property's functionality.
Upstairs, you will find two generously sized bedrooms. The first bedroom boasts scenic views and built-in wardrobes, while the second bedroom, overlooking the rear garden, is versatile enough to serve as a guest room or home office. The shower room is well-appointed with a shower cubicle, WC, and wash hand basin, all finished in neutral white tiling for a clean and modern look.
The exterior of the property features a low-maintenance walled yard, with steps leading to an elevated garden area that provides access to the garage and a rear service lane. This additional garage structure enhances the investment appeal of the property, with potential for further improvements to the exterior and garden to increase its value.
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.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.