Initial price	£55,000
15/07/25	£49,000
Price Change	-10.91%

This two-bedroom mid-terrace property in Southmoor, on the outskirts of Stanley, is being sold via an unconditional online auction with a buy-it-now price of £49,000 plus fees. The property is currently tenanted at £450 per month, yielding 11.02% on the advertised price. The accommodation features a large lounge, a smart fully-fitted kitchen, two double bedrooms, and a white family bathroom. Externally, there is a well-maintained front garden and a yard with gated access. Located near Consett, Durham, and Newcastle, the property is close to countryside walks, good schools, shops, restaurants, and public transportation. With an attractive price, the seller suggests an early viewing of this readymade investment.