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Lot 3 - 4 Smiths Terrace, Easington Lane, Houghton Le Spring, Tyne And Wear, DH5 0JH

  • Unconditional Online Auction Sale
  • Guide Price* : £55,000
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 2

Description

Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on the 26th February 2026, this smartly presented two bedroom terrace.

The property is a readymade BTL investment with a potential rent of £600 PCM, yielding 13.90% on the advertised Guide Price and an EPC rating of D!

The accommodation on offer briefly comprises: entrance hallway leading into a central dining room with separate lounge to the front. A rear utility area leads into a fitted kitchen with access into the rear yard and white bathroom WC. To first floor are two double bedrooms and a ladder to a loft room. Externally is a rear yard and outhouse.

Easington Lane offers a range of day to day amenities, on the doorstep. Hetton & Houghton Le Spring are a couple of miles away via excellent road and bus networks and access onto the A690 and further afield via the A1 & A19 corridors.

Smiths Terrace would be the perfect investment for any BTL purchaser and is turn-key ready. Viewings strictly by appointment only.

EPC rating F.

For more information, please contact Moovd directly.

Hall -

Dining Room - 4.23m x 3.02m (13'10" x 9'10") -

Lounge - 3.99m x 3.59m (13'1" x 11'9") -

Utility -

Kitchen - 2.93m x 2.04m (9'7" x 6'8") -

Bathroom Wc -

Landing -

Bedroom 1 - 4.73m x 4.05m (15'6" x 13'3") -

Bedroom 2 - 4.29m x 2.92m (14'0" x 9'6") -

Loft Room - 3.84m x 2.81m (12'7" x 9'2") -

Externally -

Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process.

Option A - Online Unconditional Auction:

The above property is offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting to £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

Council Tax Band

A

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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