9 Stainmore Close, County Durham, DL12 9DY

Description

• PRIME NEW LISTING. We are excited to present this vacant 4-bedroom semi-detached house located within a prime location in County Durham.

• **43, Grassholme Way, Barnard Castle DL12 9BU sold for £325,000, Sunnyside, Road Through High Startforth, Barnard Castle DL12 9AF sold for £249,950, 25, Grangefields, Barnard Castle DL12 9BF sold for £257,000.**

• This property offers a perfect opportunity to utilise the BRRR strategy, showcasing massive potential for renovation. It's a fantastic chance for a shrewd investor looking for exceptional rental and capital growth upside.

• The house could achieve a monthly rental income between £950 and £1,000 (£10,800 - £12,000 annually). This range would produce a compelling yield of 6% to 8% if purchased at the guide price.

• Set in a sought-after area with outstanding travel connections and local amenities, this home has a contemporary layout with ample potential for customisation. It is ideal for a family looking to create their dream home.

PRIME NEW LISTING. We are excited to present this vacant 4-bedroom semi-detached house located within prime location in County Durham.

The property comprises a welcoming entrance hallway, two modern bathrooms, four spacious bedrooms, an open and well-equipped kitchen, a bright dining room, an inviting conservatory, and a generous garden. There is also a further room or outdoor garage space available for customisation.

This property offers a perfect opportunity to utilise the BRRR strategy, showcasing massive potential for renovation. It's a fantastic chance for a shrewd investor looking for exceptional rental and capital growth upside.

The house could achieve a monthly rental income between £950 and £1,000 (£10,800 - £12,000 annually). This range would produce a compelling yield of 6% to 8% if purchased at the guide price.

Set in a sought-after area with outstanding travel connections and local amenities, this home has a contemporary layout with ample potential for customisation. It is ideal for a family looking to create 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:

**43, Grassholme Way, Barnard Castle DL12 9BU sold for £325,000, Sunnyside, Road Through High Startforth, Barnard Castle DL12 9AF sold for £249,950, 25, Grangefields, Barnard Castle DL12 9BF sold for £257,000.**

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

County Durham is renowned for its picturesque landscapes and historical charm. With exceptional travel connections and access to local amenities, it offers a perfect blend of rural beauty and modern convenience. It's an ideal setting for families and investors alike.

Map

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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.