2 bed end terrace house for sale

Albert Street, Grange Villa, Chester Le Street, Durham DH2

This two-bedroom end of terrace house is offered for sale by auction, the house is in need of improvement, offering scope for buyers looking for a project. Once renovated, an achievable rental income of around £600 per calendar month, which may appeal to investors considering a buy-to-let opportunity.

The property is located in the village of Grange Villa, approximately three miles west of Chester-le-Street. The property comprises a living room and kitchen on the ground floor, with two bedrooms and a bathroom on the first floor. Externally, there is a rear yard, and on-street parking is available close by.

Grange Villa provides access to local amenities including a convenience store and community centre. The property is well placed for Roseberry Nursery and Primary School in nearby Newfield. The surrounding County Durham countryside offers opportunities for walking and cycling.

Chester-le-Street town centre, with its wider range of shops and services, is around a 10-minute drive away. From Chester-le-Street railway station, regular services run to Newcastle in around 15 minutes and Durham in around 10 minutes, providing connections further afield. Bus services from Grange Villa link to Chester-le-Street, Stanley and Newcastle, supporting both commuting and leisure travel.

This end of terrace house represents a vacant two-bedroom property for sale by auction in a village setting, with potential for refurbishment and future rental income, subject to the buyer’s plans and any necessary consents.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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