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2 Bed Terraced House, Single Let, Wingate, TS28 5EF £65,000

Milbank Terrace, Station Town, Wingate, TS28 5EF - 7 months ago
  1. Deal Search
  2. Wingate
  3. TS28
  4. TS28 5EF
Auction
BTL
ROI: 5%
~68 m²

ValuationFair Value

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Links

  • More Deals in Wingate
  • More Deals in TS28
  • More Single Let Deals
  • More Single Let Deals in Wingate
  • More Single Let Deals in TS28

Property History

Price changed to £65,000

July 6, 2025

Price changed to £54,000

June 12, 2025

Listed for £67,500

May 28, 2025

Description

This well-presented two-bedroom property offers comfortable and practical living in a convenient location, making it an ideal investment opportunity.

Accommodation comprises a welcoming entrance hall, a spacious lounge, a separate dining room perfect for entertaining, a well-appointed kitchen, and a modern family bathroom. Upstairs features two generously sized bedrooms providing ample space for rest and relaxation.

Externally, the property benefits from a neat front garden and a private rear yard, complete with a garage and access to the back lane — ideal for off-street parking or additional storage.

The property is to be sold with a sitting tenant currently paying £400 per calendar month, with the potential to increase rental income to approximately £475pcm.

A fantastic opportunity for buy-to-let investors looking for a ready-made, income-generating asset. Early viewing is recommended.

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 4.5% 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.

Agent Details

Holbrook & Co, Seaham

0191 607 0206

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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