32, Front Street, Wingate, Durham, TS28 5AG
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions NEW ENTRY. Fantastic 3-bedroom terraced property located in a sought-after location in Durham - ***Guide Price £80,000***
- ***11, Whingrove Close, Wingate, County Durham TS28 5LL Previously sold for £175,500. 89, Chillerton Way, Wingate, County Durham TS28 5DY Previously sold for £148,000. 27, Ingram Way, Wingate, Coun
- The property currently generates £500 PCM, (£6,000 P/A) in rental income. This would produce an amazing yield of 8% based on our £80,000 Guide price. Will increase to £600 PCM in January 2025.
- The property is walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. Additionally, it boasts a lovely garden with a newly bu
- Perfect opportunity for astute buy-to-let investors seeking a rental-generating property. Easily rentable apartment with substantial potential for capital growth.***TURN KEY INVESTMENT OPPORTUNITY***
Description
- Prime Property Auctions NEW ENTRY. Fantastic 3-bedroom terraced property located in a sought-after location in Durham - ***Guide Price £80,000***
- ***11, Whingrove Close, Wingate, County Durham TS28 5LL Previously sold for £175,500. 89, Chillerton Way, Wingate, County Durham TS28 5DY Previously sold for £148,000. 27, Ingram Way, Wingate, County Durham TS28 5PW Previously sold for £162,000***
- The property currently generates £500 PCM, (£6,000 P/A) in rental income. This would produce an amazing yield of 8% based on our £80,000 Guide price. Will increase to £600 PCM in January 2025.
- The property is walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. Additionally, it boasts a lovely garden with a newly built Bar /Social space.
- Perfect opportunity for astute buy-to-let investors seeking a rental-generating property. Easily rentable apartment with substantial potential for capital growth.***TURN KEY INVESTMENT OPPORTUNITY***
Prime Property Auctions NEW ENTRY. Fantastic 3-bedroom terraced property located in a sought-after location in Durham - ***Guide Price £80,000*** Property comprises: Entrance hallway, living room, kitchen, Dining room 3 large bedrooms and bathroom.
The property is walk-in condition, featuring a contemporary design with significant potential for personal customisation and finishing touches. Additionally, it boasts a lovely garden with a newly built Bar /Social space.
The property currently generates £500 PCM, (£6,000 P/A) in rental income. This would produce an amazing yield of 8% based on our £80,000 Guide price. Will increase to £600 PCM in January 2025.
Local sales evidence:
***11, Whingrove Close, Wingate, County Durham TS28 5LL Previously sold for £175,500. 89, Chillerton Way, Wingate, County Durham TS28 5DY Previously sold for £148,000. 27, Ingram Way, Wingate, County Durham TS28 5PW Previously sold for £162,000***
Sure to appeal to investors looking for an easy lettable flat in a sought-after location with great potential for Capital Growth. The local areas have seen some great sales recently showing that there is strong demand.
The property is located just a short 25-minute drive from Newcastle City Centre and is near a whole host of local amenities including many popular coffee shops, bars and restaurants.
HIGH YIELDING INVESTMENT OPPORTUNITY.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Durham, located in Northeast England, is a historic city known for its stunning Durham Cathedral and Durham Castle, both UNESCO World Heritage Sites. Its picturesque setting along the River Wear, combined with its medieval architecture and cobbled streets, offers a unique and tranquil living environment. The presence of Durham University, one of the UK's top institutions, attracts a vibrant student population and supports a strong rental market, making the city appealing to property investors. Additionally, Durham offers a high quality of life with its blend of urban conveniences and rural tranquillity, affordable housing, and a strong sense of community, making it an attractive place to live and invest.
- 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.
- Yes
- 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
32, Front Street, Wingate, Durham, TS28 5AG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Horden Station3.9 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 208882375. 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 Prime Property Auctions (Scotland) Ltd, Glasgow. 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 Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*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.”
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