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Auction: 28th October 2026 Live Stream Auction 28/10/2026 - Bidding opens Wednesday 28th October 11:00 AM

144 Park Road, Stanley, Durham DH9 7BL

Guide Price

£155,000

£165,000

Additional Costs / Fees will apply

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Property Details

Location

Auction Details

Description

This end-terrace HMO set over two storeys in Stanley, County Durham, has been fully refurbished and is let to working professionals..

The ground floor has the kitchen, living room, a shower room and one bedroom.

The first floor has five further bedrooms and a bathroom.

Of the six bedrooms, 2 are doubles and 4 are singles. The property has a garden.

Each room is let at £400 per month, and tenants pay an extra £3,300 a year towards bills, thereby producing total income from the tenants of £32,100 a year.

Furniture is included in the sale.

The loft also offers scope to convert, subject to any necessary consents.

Accommodation

Ground floor
Living room, kitchen, inner hallway, bedroom, shower room

First floor
5 bedrooms, bathroom

Outside
Garden

Costs

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of £2,340 inc. VAT

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

General

Note
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.