4 Bed Terraced House, Single Let, Houghton le Spring, DH5 8GB £80,000

• FOR SALE BY AUCTION - OPTION 1 VIA AGENTS PROPERTY AUCTION +
• Mid Terraced House +
• Solar Panels with Feed-In Tariff +
• Currently tenanted at £750pcm +
• Ground Floor Wc +
• Enclosed Garden to Rear +
• 4 Double Bedrooms +
• Council Tax Band - C +
• EPC Rating - B +

Presented to the market via Auction (Option 1), this substantial four-bedroom mid-terraced house on Mews Court, Houghton le Spring, offers a compelling opportunity for both investors and those seeking a spacious family home. This property combines practical living with attractive financial benefits, including solar panels that generate a Feed-In Tariff, contributing to reduced energy costs and a potential income stream.

The property is currently tenanted at £750 per calendar month, providing an immediate rental income for prospective landlords. This established tenancy offers a seamless transition for investors looking to expand their portfolio with a reliable income-generating asset. The robust rental yield, coupled with the energy efficiency enhancements, makes this an appealing proposition in the current market.

Upon entering, the ground floor reveals a well-proportioned layout designed for modern living. The reception room offers ample space for relaxation and entertaining, providing a versatile area that can be adapted to suit various family needs. A convenient ground floor WC adds to the practicality of the home, a highly sought-after feature for busy households. The kitchen, which complements the living spaces, offers functional areas for culinary activities. This floor is completed by the fourth bedroom/dining room.

Ascending to the upper floors, the property boasts a further 3 generous double bedrooms. This abundance of space ensures comfortable accommodation for all residents, making it an ideal choice for larger families or those requiring dedicated home office space. The single bathroom serves these bedrooms, designed to cater to the daily needs of the household.

Externally, the property benefits from an enclosed garden to the rear. This private outdoor space provides a safe and secure environment for children to play, for outdoor dining, or simply for enjoying some fresh air. The low-maintenance nature of an enclosed garden is often a desirable feature, offering a personal oasis without extensive upkeep.

One of the standout features of this property is the inclusion of solar panels. These not only contribute to a reduced carbon footprint but also provide a valuable Feed-In Tariff, offering a tangible financial benefit to the homeowner.

Located in Houghton le Spring, Mews Court offers convenient access to local amenities, schools, and transport links. The area is well-regarded for its community feel and accessibility, making it a popular choice for a diverse range of buyers.

Early viewing is highly recommended to fully appreciate the potential and value on offer.

GROUND FLOOR Entrance Hall Wc (1.80m x 0.80m) Study / Bedroom 4 (3.70m x 1.90m) Living Room (3.70m x 3.60m) Kitchen (3.60m x 3.20m)

FIRST FLOOR Landing Bedroom 1 (3.70m x 3.60m) Bedroom 2 (2.70m x 4.70m) Bedroom 3 (2.50m x 3.30m) Bathroom (2.20m x 1.80m)

MATERIAL INFORMATION The following information should be read and considered by any potential buyers prior to making a transactional decision:

DISCLAIMER Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee.

DISCLAIMER A copy of the title is available upon request via Agents Property Auction, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

SERVICES We are advised by the seller that the property has mains provided GAS, ELECTRICITY, WATER and DRAINAGE.

WATER METER - Yes

PARKING ARRANGEMENTS - Allocated Parking / Street Parking

ELECTRIC CAR CHARGER - No

MOBILE PHONE SIGNAL No known issues at the property.

BROADBAND SPEED The maximum speed for broadband in this area is shown by imputing the postcode at the following link here >

FLOOD RISK RATING Please check the online flood risk checker at the following link here >

NORTHEAST OF ENGLAND - EX MINING AREA We operate in an ex-mining area. This property may have been built on or near an ex-mining site. Further information can/will be clarified by the solicitors prior to completion.

The information above has been provided by the seller and has not yet been verified at the point of producing this material. There may be more information related to the sale of this property that can be made available to any potential buyer.

These particulars are intended to give a fair and reliable description of the property but no responsibility for any inaccuracy or error can be accepted and do not constitute an offer or contract. All measurements are approximate and for guidance only.