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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£67,500
2 bedroom End Terrace House for sale, The Oval, Ouston, Durham, DH2
Features and Description
- Epc Grade TBC
- For Sale by Modern Auction – T & C’s apply
- Subject to Reserve Price
- Buyers fees apply
- Council Tax band A
- Extensive garden
- 2 Double Bedrooms
- The Modern Method of Auction
For sale via modern Auction this two-bedroom semi-detached home with extensive gardens, offering superb potential for renovation, situated in the popular village of Ouston, near Chester-le-Street, representing a fantastic investment opportunity.
This property presents an exciting opportunity for buyers seeking a project, with well-proportioned accommodation and excellent scope to modernise and add value. Once refurbished, the property could achieve an estimated rental return of approximately £700 per calendar month, making it an attractive prospect for investors as well as first-time buyers.
The ground floor comprises a practical rear porch leading into the kitchen, which flows through to a separate dining room and onward into a bright lounge. The lounge benefits from a bay window overlooking the garden, creating a light and appealing living space. A separate front entrance hall provides additional access and enhances the layout.
To the first floor are two generous double bedrooms, along with a family bathroom and a separate WC, offering flexibility for reconfiguration and the potential to create a more contemporary arrangement.
Externally, the property is a standout feature, with an extensive garden wrapping around three sides of the home. This substantial outdoor space provides excellent potential for landscaping, extension (subject to the necessary planning consents), or the creation of a sizeable private garden.
The property is ideally located within Ouston, a well-connected village offering local shops, schools and everyday amenities, with a wider range of facilities available in nearby Chester-le-Street. The area also benefits from access to attractive green spaces, including local countryside walks and Riverside Park.
Excellent transport links include regular bus services and convenient access to Chester-le-Street railway station, with direct routes to Newcastle, Durham and beyond. The A1(M) is also easily accessible for commuters.
Offered within Council Tax Band A, this property will appeal to a range of buyers, particularly those seeking a renovation project or a strong investment with promising rental potential.
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.
The Oval, Ouston, Durham, DH2
Additional Information
-
Property refCST260244
-
TenureFreehold
-
Council TaxA
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
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