7 Edward Street, Eldon Lane, Bishop Auckland, County Durham, DL14 8TN
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7 Edward Street, Eldon Lane, Bishop Auckland, County Durham, DL14 8TN

By Davies Auctions

£ 10,000

Reviews

2 out of 5 stars

Davies Auctions says ..

Guide Price £10,000.00 For Sale by online auction. Bidding will open at 11:10 26/02/25 and bidding will close at 12:10 26/02/25 A Freehold Two Bedroom Mid-Terrace Property Accommodation Entrance Hall Living Room - Upvc Double glazed window and wall mounted electric radiator. ...

Property Oracle says ..

This two-bedroom terraced house in Bishop Auckland is listed at a very low price, suggesting it may be a fixer-upper or have some underlying issues. The property’s location is a positive aspect. It is conveniently located near several highly-rated primary and secondary schools and is within a reasonable distance of several train stations, making it accessible to commuters and families. The property itself shows signs of recent renovation, with a modern kitchen and bathroom. However, the exterior requires attention and the small rear yard is unimproved. The lack of square footage data makes a precise comparison difficult, but based on nearby property prices, the list price is unusually low. Potential buyers should therefore approach this property with caution, conducting a thorough survey and inspection to assess any potential problems before making an offer. The low price may represent a good opportunity for a buyer willing to invest time and money in renovations, but it also carries a higher degree of risk than purchasing a property in better condition and at a more typical market price. The absence of key details such as plot size and square footage hinders a complete evaluation. Further investigation is crucial before making any purchasing decisions.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
6
Location
7
Land
2
Bedrooms
2
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
144,643.00 £
Increased by 54.88 %
from 93,391.00 £
Average area rental value
667.00 £/mo
Increased by 29.01 %
from 517.00 £/mo
Est rental Yield
5.53 %
Decreased by 16.72 %
from 6.64 %
Crime Rate
47.00 %
Unchanged by 0.00 %
from 47.00 %

Agent Activity

  • Davies Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
Prince Bishops Community Primary SchoolCommunity SchoolOutstanding0.47 KM
Thornhill Primary SchoolCommunity SchoolOutstanding1.24 KM
St John'S Church Of England Aided Primary School, ShildonVoluntary Aided SchoolOutstanding1.66 KM
Timothy Hackworth Primary SchoolCommunity SchoolGood1.92 KM
St Andrew'S Primary SchoolCommunity SchoolGood2.39 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St. Marks Court £ 000.00 KM
Saint Marks Court £ 77,50000.00 KM
St Phillips Park £ 90,00000.00 KM
Saint Phillips Close £ 250,00000.00 KM
William Street £ 97,45000.00 KM

Nearby Transport

NameNLCTLCDistance
Shildon7893SHD2.46 KM
Bishop Auckland7835BIA3.59 KM
Newton Aycliffe7834NAY7.31 KM
Heighington7887HEI9.05 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
3 Edward Street £ 24,0000.01 KM
11 Edward Street £ 32,5000.01 KM
8 Edward Street £ 26,0000.01 KM
10 Edward Street £ 31,0000.01 KM
4 Edward Street £ 20,5000.01 KM