Offers over
£36,000
3 bed terraced house for saleRichmond Street, Byers Green, Spennymoor, County Durham DL16
3 beds
1 bath
1 reception
Auction
Freehold
About this property
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
Online auction set to end at 2pm on Thursday 21st 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.
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
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.
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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