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RICHMOND STREET, BYERS GREEN, SPENNYMOOR, COUNTY DURHAM, DL16

Available

Offers Over £39,950

3 Bedrooms

Overview
Location
Street View
Particulars
Gallery
EPC

Property Features

Online auction set to end at 1pm on Thursday 7th August 2025. Situated in a quiet position on the edge of the village, this three-bedroom mid-terrace home offers an excellent investment opportunity. While the property would benefit from some updating, it holds strong potential with an estimated rental income of approximately £600 per calendar month once refurbished. The ground floor features a spacious lounge, a dining kitchen, rear hall, and bathroom. Upstairs, there are three well-proportioned bedrooms. Externally, the property includes an enclosed garden to the front and a rear yard, providing practical outdoor space. Ideal for investors or buyers seeking a project, this property offers great value in a peaceful village setting.





This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
  • BEING SOLD VIA THE MODERN METHOD OF AUCTION
  • THREE BEDROOM MID TERRACE PROPERTY
  • QUIET SPOT ON THE EDGE OF THE VILLAGE
  • IN NEED OF REFURBISHMENT
  • EXCELLENT INVESTMENT OPPORTUNITY
  • EXPECTED RENT OF £600PCM ONCE UPDATED

Particulars

GROUND FLOOR ACCOMMODATION

Entrance Hall

Lounge

4.4196m x 4.0132m - 14'6" x 13'2"

Dining Kitchen

4.826m x 2.794m - 15'10" x 9'2"

Rear Hall

Bathroom

FIRST FLOOR ACCOMMODATION

First Floor Landing

Bedroom One

3.8608m x 3.0988m - 12'8" x 10'2"

Bedroom Two

2.5908m x 2.1844m - 8'6" x 7'2"

Bedroom Three

2.5908m x 2.1082m - 8'6" x 6'11"

Externally

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51 High Street,
Spennymoor
DL16 6BB

01388 819900

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