This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£85,000
3 bedroom Mid Terrace House for sale, Welfare Crescent, South Hetton, Durham, DH6
Features and Description
- For sale by Modern Auction – T & Cs apply.
- Subject to a hidden Reserve Price
- Three-bedroom mid-terrace family home
- Attractive investment potential
- Front garden, rear yard and convenient car port
- No onward chain and little internal work required
A Well-Presented Three-Bedroom Mid-Terrace Home with Investment Potential
For Sale via Modern Auction T&C's apply.
An excellent opportunity to acquire a well-proportioned three-bedroom mid-terrace property, ideally suited to families, first-time buyers or investors seeking an affordable home with established rental potential.
From the moment you step inside, the welcoming hallway creates an immediate sense of space and provides access to the living areas. The generous living room offers a comfortable setting for relaxing and everyday family life, while the adjoining dining room provides a versatile space.
The well-appointed kitchen offers excellent storage and preparation space, providing a practical and functional hub for the home.
To the first floor are three bedrooms, comprising two well-sized double bedrooms and a single bedroom, alongside a family bathroom fitted with a modern suite.
Externally, the property benefits from a front garden and enclosed rear yard, offering useful outdoor space with scope for seating, entertaining or storage. A convenient car port further enhances the property's practicality and provides valuable off-road parking.
For investors, the property presents an attractive proposition, having previously been rented at £675 per calendar month, equating to an annual rental income of £8,100. The property requires little internal work, offering the potential for a relatively straightforward addition to an existing portfolio or an appealing first investment.
The property is also offered with no onward chain, helping to simplify the purchasing process.
Located in a convenient and established residential setting, the home benefits from good local transport connections, providing access to surrounding areas and everyday amenities. A selection of schools and local facilities are also within easy reach, making the location particularly practical for families.
Overall, this well-proportioned three-bedroom home combines comfortable accommodation, useful external space and proven rental potential. Whether you're looking for a family home or an investment opportunity, this property offers a compelling combination of space, practicality and affordability.
Early viewing is highly recommended to appreciate the accommodation and potential this property has to offer.
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.
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.
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 £500 inc. VAT. These services are
optional.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Welfare Crescent, South Hetton, Durham, DH6
Additional Information
-
Property refCST260165
-
EPCC
-
TenureFreehold
-
Council TaxA
-
Local authorityDurham City Council
Reeds Rains Estate Agents Chester le Street
Do you have a property you need to sell?
Reeds Rains Estate Agents Chester le Street
Reeds Rains Chester le Street
Bridge End Chambers, Front Street, Chester-le-Street, DH3 3QY
Mon - Fri9:00 - 17:30Saturday9:00 - 16:00SundayClosed
Disabled access available
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Borrowing £76,500 and repaying over 25 years with a 2.5% interest rate.
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