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9 Church Square, High Etherley, Bishop Auckland, DL14 0HW

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£95,000

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Opening Bid

£95,000

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Terraced House

Residential

Vacant

9 Church Square, High Etherley, Bishop Auckland, DL14 0HW

3

bed

2

bath

1

reception

Council tax: B

freehold

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BRRR Residential Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this vacant 3-bedroom terrace house located within a prime location in Bishop Auckland.

  • Sales Evidence:**13 Whinwood, Rudland Way, Bishop Auckland DL14 0HH sold for £258,000 in 2023; 41 Bankwell Drive, Bishop Auckland DL14 0HG sold for £240,000 in 2023; 14 Maple Court, Bishop Auckland DL14 0TB sold for £215,000 in 2023.**

  • This property offers a massive BRRR opportunity. It is a fantastic chance for shrewd investors looking for capital growth potential. A wonderful opportunity to buy now and profit later.

  • If utilised as an Airbnb, this property could demand between £100 to £150 per night. This equates to a staggering £25,550 to £38,325 if it were run on a 70% occupancy. This is subject to obtaining the necessary permissions.

  • Located in a sought-after area for families, this property benefits from excellent local amenities. It's an amazing opportunity for a family to design and build their dream home.

PRIME NEW LISTING. We are excited to present this vacant 3-bedroom terrace house located within prime location in Bishop Auckland.

The property comprises three spacious bedrooms, a welcoming entrance hallway, a cosy lounge, an inviting dining room, a well-equipped kitchen, a utility/storage room, a well-appointed bathroom, and a convenient downstairs WC.

This property offers a massive BRRR opportunity. It is a fantastic chance for shrewd investors looking for capital growth potential. A wonderful opportunity to buy now and profit later.

If utilised as an Airbnb, this property could demand between £100 to £150 per night. This equates to a staggering £25,550 to £38,325 if it were run on a 70% occupancy. This is subject to obtaining the necessary permissions.

Located in a sought-after area for families, this property benefits from excellent local amenities. It's an amazing opportunity for a family to design and build their dream home.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**13 Whinwood, Rudland Way, Bishop Auckland DL14 0HH sold for £258,000 in 2023; 41 Bankwell Drive, Bishop Auckland DL14 0HG sold for £240,000 in 2023; 14 Maple Court, Bishop Auckland DL14 0TB sold for £215,000 in 2023.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Bishop Auckland is a charming town in County Durham, known for its rich history, cultural heritage, and vibrant community. The area offers a perfect blend of urban convenience and picturesque countryside, making it a desirable location for both families and investors. With excellent transport links and local amenities, Bishop Auckland is an ideal place to live and invest.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£15,500

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.