2 bed terraced house for sale

Bridge Terrace, Northallerton, North Yorkshire DL7

Offered for sale by public auction with a sitting tenant in situ, this beautifully refurbished and extended Victorian terrace presents an excellent opportunity for investors seeking an immediate income-producing asset. Ideally positioned within easy reach of Northallerton town centre, the property combines period character with modern improvements and well-proportioned accommodation throughout.

Arranged over two floors, the accommodation comprises an entrance hall, a comfortable sitting room, a separate dining room, an impressive extended dining kitchen, first-floor landing, two generously sized bedrooms and a stylish four-piece house bathroom/WC. A loft space provides additional storage.

Externally, the property enjoys a block-paved front garden, an enclosed rear courtyard and a further garden area beyond, offering attractive outdoor space rarely found with properties of this style.

The property has undergone significant upgrading in recent years and is understood to be fully compliant with current landlord requirements. Improvements include a modern combi boiler installed in 2021 with the benefit of a 10-year manufacturer's guarantee, a valid Electrical Installation Condition Report (eicr) until December 2028, a current Gas Safety Certificate, replacement front entrance door and replacement windows to the first floor, kitchen and lounge, all supported by fensa certification.

The current tenancy commenced approximately three months ago and runs until August 2027, providing security of income from completion. The tenant currently pays £650 per calendar month, with potential to achieve in excess of £725 per calendar month in the current rental market, making this an attractive proposition for both experienced landlords and those looking to establish or expand a property portfolio.

Important Notice:
We are currently unable to gain access to the property and, as such, internal viewings may be restricted or difficult to arrange at this time. The information contained within these particulars has been provided from previous records and documentation available to us. Interested parties are advised to make their own enquiries and should be aware that viewing opportunities may be limited prior to the auction.

Auction Information:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.