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9 Cochrane Terrace, Ferryhill, County Durham DL17 0DL

Key features

  • MID TERRACE HOUSE
  • THREE BEDROOMS
  • TWO RECEPTION ROOMS
  • DOWNSTAIRS FAMILY BATHROOM
  • ENCLOSED REAR COURTYARD
  • IDEAL FOR INVESTOR/DEVELOPER
  • REQUIRES SCHEME OF IMPROVEMENT WORKS
  • EPC RATING: D
  • *Guide Price £10,000 - £20,000 (plus fees)

Description

*ONLINE Unconditional Auction Opening 15 July 2024*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire

Situation:
The property is located on Cochrane Terrace, Ferryhill and is well positioned for access to the town centre and its facilities and amenities. The historic city of Durham is within easy reach, along with Middlesborough, Darlington, and Newcastle upon Tyne and the A1 road network.

Description:
A wonderful opportunity to acquire this mid terrace house, with the benefit of 2 reception rooms and 3 bedrooms. This property provides an excellent opportunity for both owner occupiers and investors alike, with huge scope and significant rental yield opportunity. An internal viewing is a must to appreciate the accommodation on offer. Potential rental of approximately £550 pcm (£6,600 per annum).

Accommodation Ground Floor:
Entrance Lobby
Entrance Hallway
Living Room
Dining Room
Kitchen
Rear Lobby
Family Bathroom

First Floor:
Bedroom 1
Bedroom 2
Bedroom 3


Outside
Enclosed rear courtyard.
Material Information Tenure:
The property is freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.

Council Tax:
The property falls within Durham County – BAND A

Possession:
Vacant possession will be given upon completion.

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 guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.

Tenure: Freehold

EPC Rating: D

Administration Fee: £3600 inc VAT payable on exchange of contracts.

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

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

9 Cochrane Terrace, Ferryhill, County Durham DL17 0DL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newton Aycliffe Station4.7 miles
  • Shildon Station5.4 miles
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About the agent

Auction House, Lincolnshire

124, Trinity Street, Gainsborough, DN21 1JD

Auction House, Lincolnshire

Auction House Lincolnshire is run by Drewery & Wheeldon whose long and proud history of involvement in auctions goes all the way back to 1879. We have been trading as Auction House since 2007 and our six auctions per year cycle is ideal for our area. We don’t just cover Lincolnshire but overlap into North Nottinghamshire to include Worksop and Retford, and South Yorkshire in the area around Doncaster. We also enter lots from the South Humberside areas around Scunthorpe, Brigg, Immingham and G

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Disclaimer - Property reference 202406241243sq_3wrh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Lincolnshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Lincolnshire on 01427 800574.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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