• Auction: 28.08.2025 09:00 +
• Council Tax Band: A +
• Ready to go, residential investment opportunity +
• Yield of 12.8% based on guide price +
• Potential to increase rental income and improve yield +
• Part of a four property portfolio in this area +
• EPC Rating: E +

For sale on 28 August 2025
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
The auction will commence at 09:00.
A two-bedroom, mid-terrace property in Trimdon Grange. Currently let producing £3600 per annum.

A two-bedroom property situated in a popular, residential location in Trimdon Grange. The property sits within close proximity of all necessary amenities and is a short drive into the neighbouring village of Sedgefield. There are also major road links close by which provide easy access to Durham City, Darlington & Teesside.

The property remains in good condition throughout and is let at £300 per calendar month. We believe that a higher rental income can be achieved, based on market rent in the area.
Draft Sales Details These sales details are awaiting vendor approval. Tenure: Freehold EPC Rating: E Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 2.4% of the purchase price (subject to a minimum of £3,600 inc. VAT). 

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.