For Sale By Auction | 27 May 2025 | Lot 21

16 Church Street Catchgate, Stanley, County Durham

Sold £39,000

  • Property For Sale

Call the team on 01427 616436 for more information

Auction Closed

Viewing Times

Please call Auction House Lincolnshire, North Notts & South Yorks on 01427 616436 to arrange a viewing

*ONLINE Unconditional Auction Opening 26 May 2025* To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire Situation: The property is situate on Church Street, Catchgate, Stanley, a popular and central residential area of this popular and well located town, near the centre with a wide range of facilities and amenities all within easy reach and supported by transport links. The North East coast is within easy reach, along with access to the surrounding towns and Cities, including Newcastle upon Tyne and Durham. Description: A wonderful opportunity to acquire this terrace house offered for sale with the benefit of an ongoing tenancy of £400pcm (£4800 per annum), but there is an opportunity to add value to the property in a popular area of the town with strong rental demand. Ideal for investors and landlords. Current market rents in the area circa £550pcm (£6600). At the time of preparing these details, no internal inspection was possible however accommodation believed to comprise: Ground Floor Entrance Hall Lounge Dining Kitchen WC First Floor Bedroom 1 Bedroom 2 Family Bathroom Outside Gardens to the rear.Material Information Tenure: The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack. Council Tax: The property falls within Durham Council – BAND A Possession: Subject to existing tenancy agreement. Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaran

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Additional Fees

Administration Charge - Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.