Property Details

Description

This vacant one-bedroom mid-terrace bungalow presents a fantastic opportunity for both investors and first-time buyers. Conveniently located on a residential road, the property offers single-level living, freehold tenure, and an estimated rental value of £4,706 per annum (Source: LHA Rate). Whether you’re looking for an affordable home or a low-maintenance income-generating asset, this bungalow provides flexibility and long-term potential.

Accommodation & Layout

The internal layout is simple and functional, comprising:

• A comfortable reception room

• A kitchen ready for personalisation

• One well-sized bedroom

• A bathroom with essential amenities

All rooms are positioned on the ground floor, making the property especially suitable for those seeking easy access and mobility.

Location Highlights

Situated within a quiet residential setting, the bungalow is just a short walk from local shops, amenities, and the Auckland Park Play Area, offering green outdoor space for recreation. Commuters and residents benefit from proximity to Shildon Rail Station, providing direct transport links to surrounding towns and cities.

Key Property Features

• Freehold tenure

• Vacant possession

• EPC Rating: C

• Ground-floor living – ideal for accessibility

• Estimated rental income: £4,706 per annum

• Residential location with nearby transport links

Auction Details & Additional Notes

This property will be sold via auction and is subject to the following fees:

• Administration Charge: £1,500 (inc. VAT)

• Buyers Premium & Disbursements: Refer to the legal pack for full details

Prospective buyers are advised to review the Legal Pack, including any disbursements, restrictions, and additional costs associated with the purchase. Property particulars are believed accurate at the time of listing, but viewing is highly recommended, and a survey by a qualified professional is advised to assess condition and structural soundness.