2 Bed Terraced House, Single Let, Crook, DL15 0NJ £53,000

1 Coleridge Close, Crook, Durham, DL15 0NJ - 1 views - 13 days ago
Auction
BTL
~71

Property History

Listed for £53,000

January 15, 2026

Sold for £45,000

2005

Floor Plans

Description

  • EXCELLENT INVESTMENT OPPORTUNITY +
  • BEING SOLD VIA AUCTION +
  • TENANT IN SITU PAYING £510pcm +
  • RESERVATION FEE APPLIES +
  • GOOD SIZE REAR GARDEN +
  • EPC RATING TO FOLLOW +

An excellent buy-to-let investment opportunity, offered for sale via auction with the benefit of a sitting long-term tenant currently paying £510 per calendar month, providing an immediate and reliable rental income from day one. The property is presented in good order throughout and further benefits from being an end-terrace home, offering additional privacy and space. Externally, the property enjoys a good-sized rear garden, while to the front it boasts a pleasant open outlook over a green, enhancing the overall appeal for tenants. Located close to excellent local amenities, the property sits within a popular residential area where rental demand remains strong, making this a solid and attractive addition to any investment portfolio. The presence of a long-term tenant further adds to the appeal, offering stability and reduced void risk for prospective investors. Please note the property is being sold via auction, and a reservation fee applies. Opportunities such as this are always in demand — early interest is strongly advised. Don't miss out on this excellent investment opportunity. Living Room – 4.8m x 3.25m (15'8" x 10'7") A spacious and welcoming living room positioned to the front of the property, offering ample space for a full range of lounge furniture. Dual-aspect windows allow an abundance of natural light to flow through the room, creating a bright and airy atmosphere. Kitchen – 4.0m x 3.17m (13'1" x 10'4") The kitchen is fitted with a range of wood-effect wall, base, and drawer units complemented by contrasting work surfaces and splashbacks. A stainless steel sink with drainer is incorporated, with space available for freestanding kitchen appliances, making this a practical and functional cooking space. Master Bedroom – 4.8m x 3.27m (15'8" x 10'8") A generously sized double bedroom located to the front of the property, featuring a built-in storage cupboard and a window to the front elevation, providing a comfortable and well-proportioned main bedroom. Bedroom Two – 3.0m x 3.0m (9'10" x 9'10") The second bedroom is another well-proportioned double room, benefiting from a window overlooking the rear elevation. Bathroom – 2.0m x 1.73m (6'6" x 5'8") The bathroom is fitted with a panelled bath with overhead shower, WC, and wash hand basin. A window to the rear elevation provides natural light and ventilation. External Externally, the property benefits from on-street parking and an enclosed garden to the front and side elevations, featuring hedged boundaries for privacy and gated access to the rear. Agents Note 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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
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Agent Details

Dowen, Bishop Auckland

01388 311692

Next Steps?

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