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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£22,500
2 bedroom End Terrace House for sale, Albert Street, Grange Villa, Durham, DH2
Features and Description
- For Sale by Modern Auction – T & C’s apply
- Council tax Band A
- Epc Grade TBC
- Subject to Reserve Price
- Buyers fees apply
- The Modern Method of Auction
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:
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.
Albert Street, Grange Villa, Durham, DH2
Additional Information
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Property refCST260019
-
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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