£50,000
2 bed terraced house for saleRose Cottages, Shotton Colliery, Durham DH6
2 beds
1 bath
1 reception
- Auction
Pattinson - Peterlee
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About this property
Fully refurbished throughout
Ready to rent, ideal for investors or first-time buyers
Estimated rental income: 550 pcm
Modern kitchen/diner
Private rear garden
Convenient location close to amenities, schools, and transport links
Summary
Refurbished Two-Bedroom Terraced Home | Ready to Rent | 550 pcm Potential Rental Income | Shotton Colliery, Durham
sold via online auction ... We are delighted to present to the market this beautifully refurbished two-bedroom terraced home, ideally located in the heart of Shotton Colliery, Durham. Combining modern finishes with traditional charm, this impressive property offers an excellent opportunity for first-time buyers or investors seeking a ready-to-rent home with strong rental potential.
Upon entering, you are welcomed into a bright and stylish reception room, tastefully decorated in neutral tones and filled with natural light creating a warm and inviting atmosphere. This versatile space is ideal for entertaining or relaxing evenings at home.
To the rear, the contemporary kitchen/diner is fitted with modern units and includes a dishwasher for added convenience. The generous layout provides ample space for dining, making it perfect for both everyday living and hosting guests.
Upstairs, there are two spacious bedrooms, each newly refreshed and offering plenty of natural light. A modern bathroom completes the home, finished to a high standard and featuring all essential fixtures and fittings.
Externally, the property boasts a private rear garden a pleasant outdoor area ideal for relaxing or enjoying time with family and friends.
Perfectly positioned close to local amenities, schools, transport links, and scenic countryside walks, this home delivers both comfort and convenience.
Fully refurbished and ready to rent immediately, with a potential rental income of approximately 550 pcm, this property represents an ideal turnkey investment opportunity.
Council Tax Band: A
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 7.2% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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