2 bed flat for sale

16 Pickering Place, Durham, County Durham DH1

For sale by online auction on Tuesday, 28 Oct 2025 ending at 13:10

Investment Opportunity! Two bed apartment sold tenanted!

A ground floor apartment in a purpose built block in Carrville, with good access to amenities, transport links and retail parks. The property is being sold tenanted, achieving £750PCM.

The accommodation comprises lounge with french doors to Juliet balcony, kitchen, two bedrooms, master with en-suite shower room and bathroom. Allocated parking space.

Ideal investment opportunity!

Nb: Auction House North East have not inspected the property, and the photographs were taken prior to the tenant moving in.Hall with storage cupboardLounge 15'11 x 13'4Kitchen 10'1 x 8'11Bedroom 13'5 x 8'10 with En-SuiteBedroom 11'1 x 7'8Bathroom 8'5 x 4'11Leasehold - 125 years from January 2005 We are informed that the current ground rent is £125 per annum and the Service Charge is £93 per month.Tenancy The property is being sold tenanted.

£750 per calendar month.

12 months from May 2024 - see copy in Legal PackTenure: LeaseholdLease Details: 125 years from January 2005EPC Rating: C

Portrait Video Tour
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Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.