£40,000
2 bed terraced house for saleRandolph Street, Coundon Grange, Bishop Auckland, County Durham DL14
2 beds
1 bath
1 reception
EPC Rating: D
Auction
Freehold
About this property
Newly refurbished mid terrace property
Two bedrooms
For sale via the modern method of auction
Quiet village location
Newly fitted kitchen & bathroom
Spacious lounge
Ideal for first time buyers
Excellent investment opportunity
Having been recently refurbished throughout, this attractive two-bedroom mid-terrace property is ideal for first-time buyers looking for a home they can move straight into, while also offering an excellent investment opportunity with an expected rental income of approximately £525 pcm. The accommodation comprises a spacious lounge, a stylish newly fitted kitchen, a rear hallway and a modern new bathroom to the ground floor. Upstairs, a small landing provides access to two well-proportioned double bedrooms. Further benefits include new flooring throughout, an enclosed rear yard and a quiet village setting, offering a peaceful place to live while remaining within easy reach of local amenities and transport links. Situated in the village of Coundon Grange, the property enjoys a convenient location just under two miles from Bishop Auckland, where you'll find a wide range of supermarkets, shops, restaurants, leisure facilities and healthcare services. The village itself benefits from local amenities and regular public transport links, with good road connections to Durham, Darlington and the wider region. Whether you're taking your first step onto the property ladder or looking to expand your investment portfolio, this well-presented home is ready to enjoy from day one.
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
4.29m x 3.85m - 14'1” x 12'8”
Kitchen
4.89m x 2.1m - 16'1” x 6'11”
Rear Hall
Bathroom
2.48m x 1.79m - 8'2” x 5'10”
First Floor Accommodation
First Floor Landing
Bedroom One
4.23m x 3.85m - 13'11” x 12'8”
Bedroom Two
4.89m x 2.16m - 16'1” x 7'1”
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.
Ground Floor Accommodation
Entrance Hall
Lounge
4.29m x 3.85m - 14'1” x 12'8”
Kitchen
4.89m x 2.1m - 16'1” x 6'11”
Rear Hall
Bathroom
2.48m x 1.79m - 8'2” x 5'10”
First Floor Accommodation
First Floor Landing
Bedroom One
4.23m x 3.85m - 13'11” x 12'8”
Bedroom Two
4.89m x 2.16m - 16'1” x 7'1”
Externally
Mortgage calculator
Monthly repayment
£200 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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