34 North Road East, Wingate, County Durham, TS28 5AU
- Unconditional Online Auction Sale
- Guide Price* : £17,000
- Bedrooms: 3
- Bathrooms: 1
- Reception Rooms: 2
Online Auction – Bidding for this property closes on 18th March 2026 at 12:10 pm. Open to prior-auction offers - Interested parties are invited to register via our website to bid.
Description
An excellent opportunity to acquire a freehold three-bedroom mid-terrace investment property, currently generating a rental income of £550 per calendar month (£6,600 per annum) under an Assured Shorthold Tenancy, providing an immediate income-producing asset for investors.
The property is situated in the popular residential area of Wingate, conveniently located close to a range of local shops, schools and everyday amenities, making it an attractive rental location.
The accommodation briefly comprises two reception rooms and a kitchen to the ground floor. To the first floor are three bedrooms and a family bathroom. Externally, the property benefits from a rear garden.
Further benefits include gas-fired central heating and UPVC double glazing.
Accommodation
Ground Floor
Reception Room
Living Room
Kitchen
First Floor
Three Bedrooms
Bathroom
External
Rear Garden
Tenure: Freehold
EPC Rating: TBC
Additional Information
Income-producing investment currently generating £6,600 per annum
Let on an Assured Shorthold Tenancy (please refer to the legal pack for full tenancy details)
Popular residential location with strong ongoing rental demand
An ideal addition to a buy-to-let portfolio with immediate income. Properties of this nature are expected to attract strong investor interest.
Viewings available by appointment.
Completion
The completion period for this property is 28 days.
Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on our website).
Buyers Administration Fee
The purchaser will be required to pay an administration fee of £1,800 inc VAT, whether the property is bought before, on, or after the auction date.
Legal Pack
Purchasing a property at auction is a firm legal commitment equivalent to signing a contract by private treaty. Prospective buyers must consult with their legal adviser before bidding.
The legal pack can be viewed online via our website.
At the time of going to print, the Auctioneers were unable to inspect the property internally; therefore, the accommodation details should not be relied upon.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price, which will be within +10% of the Guide Price. The Guide Price is provided solely to help buyers decide whether to pursue their interest.
Important Notice / Disclaimer
In accordance with RICS guidance, these particulars are prepared in good faith and are intended to give a fair description of the property. At the time of publication, the Auctioneers were unable to inspect the property internally. Consequently, any details relating to the accommodation, floor areas, condition, fixtures, fittings, services, or any other aspects of the property are based on limited information and should not be relied upon as statements of fact.
Prospective purchasers are strongly advised to satisfy themselves as to the accuracy of the information provided by undertaking their own inspections, surveys, and enquiries prior to making any offer or bid. Neither the Auctioneers nor the vendor give any representation or warranty, express or implied, as to the accuracy, completeness, or suitability of the information contained within these particulars.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
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