Guide price
£15,000
1 bed bungalow for sale10 Kimberley Street Coundon Grange, Bishop Auckland, County Durham DL14
1 bed
EPC Rating: C
Auction
About this property
For sale by online auction on Tuesday, 18 Aug 2026 ending at 11:28
Ready-made freehold investment producing £475 pcm, let to a reliable long-term tenant with an excellent payment history.
An excellent opportunity to acquire a well-presented one-bedroom freehold bungalow, offered with an established and reliable tenant in situ, currently generating £475 per calendar month (£5,100 per annum). The tenant has a proven payment history with rent paid on time and fully up to date, making this an attractive, ready-made investment for buy-to-let purchasers.
The property has been refurbished to a modern standard and briefly comprises an entrance hall, spacious living room, fitted kitchen, generous double bedroom and contemporary shower room. Externally, there is a low-maintenance rear yard.
Situated in the popular village of Coundon Grange, the property benefits from excellent access to nearby Bishop Auckland, local amenities, shops, schools and transport links.
This is a straightforward investment opportunity with immediate rental income and no void period, ideally suited to investors looking to expand their portfolio with a low-maintenance, income-producing asset.
Please note: The internal photographs provided are of No. 8 Kimberley Street, however No. 10 has been renovated to the same standard.Tenure: FreeholdEPC Rating: C
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Ready-made freehold investment producing £475 pcm, let to a reliable long-term tenant with an excellent payment history.
An excellent opportunity to acquire a well-presented one-bedroom freehold bungalow, offered with an established and reliable tenant in situ, currently generating £475 per calendar month (£5,100 per annum). The tenant has a proven payment history with rent paid on time and fully up to date, making this an attractive, ready-made investment for buy-to-let purchasers.
The property has been refurbished to a modern standard and briefly comprises an entrance hall, spacious living room, fitted kitchen, generous double bedroom and contemporary shower room. Externally, there is a low-maintenance rear yard.
Situated in the popular village of Coundon Grange, the property benefits from excellent access to nearby Bishop Auckland, local amenities, shops, schools and transport links.
This is a straightforward investment opportunity with immediate rental income and no void period, ideally suited to investors looking to expand their portfolio with a low-maintenance, income-producing asset.
Please note: The internal photographs provided are of No. 8 Kimberley Street, however No. 10 has been renovated to the same standard.Tenure: FreeholdEPC Rating: C
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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