4 Wesley Street, Bishop Auckland, County Durham, DL14 8UH

For sale by Online Auction - 28th of October 2026.

Residential Investment Opportunity in Bishop Auckland Description 2-Bedroom Terraced Property Sold with Vacant Possession This two-bedroom terraced property is located on Wesley Street, in the Coundon Grange area of Bishop Auckland.

The property is being sold with vacant possession, offering an excellent opportunity for investors looking to add to their rental portfolio or buyers seeking a residential property.

Financial Summary Market rent potential: £495 PCM Predicted annual rental income: £5,940 Predicted gross yield: 16.1% (indicative, based on market rent and the all-in purchase price, including fees) Open Market Value: £55,000 Auction Terms Completion is required within 28 days.

Town & Country Property Auctions North East has not inspected all parts of the property and has relied upon information provided by the vendor and third parties.

No warranties or representations are given regarding the condition, suitability or compliance of the property.

All information, including the ground rent, absence of a service charge and parking arrangements, is provided for guidance only and must be independently verified by prospective purchasers and their professional advisers IMPORTANT NOTICE UNCONDITIONAL AUCTION SALE: This property is offered by way of Unconditional Auction.

The successful bidder is required to pay a non-refundable deposit (typically 10% of the purchase price) and a Buyer's Premium immediately upon the fall of the hammer.

Exchange of contracts takes place on the day of the auction and completion is required within the specified timeframe (typically 28 days).

Town & Country Property Auctions North East acts as agent for the vendor.

Tenure Freehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.

To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged.

The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.

The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date.

All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit.

To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.

To find out more information or to make a pre-auction offer please contact us.

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion.

The legal pack is available to download free of charge under the LEGAL DOCUMENTS'.

Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.